If a price floor is above market price how does it affect supply and demand?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If a price floor is above market price how does it affect supply and demand? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
EZ Wheels Corporation manufactures kick scooters. The company offers a one-year warranty on all scooters. During 2017, the company recorded net sales of $1,900 million.
Answers (1)
1. If 18,000 units are produced and sold, what is the variable cost per unit produced and sold?
Answers (1)
Does it matter whether buyers or sellers are legally responsible for paying a tax? a. yes, the tax is more efficient if consumers pay the tax. b.
Answers (1)
Which is not a decision made by potential workers in the united states? a. deciding whether or not to participate in the labor force. b. determining how to divide one's time between work and leisure. c.
Answers (1)
Which is true about the interest on corporate bonds? a. it is tax deductible b. it is taxed as ordinary income c. it is taxes as a capital gain d. it does not incur taxes
Answers (1)
New Questions in Business
What is the difference is between saving and investing?
Answers (2)
Which of the following is not an example of a cost and its related cost driver? Cost Cost Driver A. Rent Square feet B. Transportation Miles driven C. Direct labor hours Indirect labor D. Utilities Machine hours
Answers (1)
Glass walls a. can be easily broken and with the elimination of those barriers, people can get ahead. b. enable peoples talents and success to be seen by those on the other side. c.
Answers (1)
Suppose Stark Ltd. just issued a dividend of $2.57 per share on its common stock. The company paid dividends of $2.20, $2.31, $2.38, and $2.49 per share in the last four years.
Answers (1)
Mulherin's stock has a beta of 1.23, its required return is 11.75%, and the risk-free rate is 2.30%. What is the required rate of return on the market? (Hint: First find the market risk premium.) Do not round your intermediate calculations. a. 9.
Answers (1)