An effective price ceiling causes a loss of:

a)

consumer surplus for certain and possibly producer surplus as well.

b)

producer surplus for certain and possibly consumer surplus as well.

c)

consumer surplus only.

d)

neither producer nor consumer surplus.

Answers

Answer 1

An effective price ceiling causes a loss of consumer surplus for certain and possibly producer surplus as well. The correct answer is option a) consumer surplus for certain and possibly producer surplus as well.

An effective price ceiling is a government-imposed limit on the price that can be charged for a particular good or service, set below the market equilibrium price. By artificially reducing the price below the equilibrium level, a price ceiling creates a situation where demand exceeds supply, leading to a shortage.

When a price ceiling is implemented, consumer surplus is impacted because some consumers are still willing to pay the higher equilibrium price but are unable to do so due to the price limit. As a result, they lose the additional value they would have gained from paying the equilibrium price. This leads to a reduction in consumer surplus.

Moreover, producers may also experience a loss of surplus. With a price ceiling, the price they receive for their product is lower than the equilibrium price. This can lead to reduced profitability and incentives for producers to supply the market.

If producers exit the market or reduce production, it can result in a decrease in producer surplus. The correct answer is option a) consumer surplus for certain and possibly producer surplus as well.

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Related Questions

Which of the following roles is the active head of the company?
A. COO
B.CEO
C.CFO
D. President

Answers

The answer to this is ceo

A chief executive officer (CEO), also referred to as a central executive officer (CEO), chief administrator officer (CAO), or simply chief executive (CE).

Who is CEO ?

One of several corporate executives tasked with managing an organisation, particularly an independent legal entity like a company or nonprofit institution.

CEOs work for a variety of companies, including public and private businesses, nonprofits, and even certain governmental agencies (notably state-owned enterprises).

The CEO of a corporation or firm often answers to the board of directors and is responsible for increasing the value of the company, which may involve increasing share price, market share, revenues, or another factor.

CEOs in the government and nonprofit sectors often strive to accomplish goals connected to the organization's mission,normally made available by law. The chief executive officer (CEO) is typically designated as the organization's principal manager and the highest-ranking member of the C-suite.

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You are considering paying $700 per year for a health plan that pays 70% of the first $1,000 of medical costs and 100% of any additional costs over that. If your total medical expenses for the year are $900, is it worth it for you to get the plan?.

Answers

Based on the cost of the health plan and the total medical expenses for the year, it is not worth it for you to get the plan.

Is it worth it to get the plan?

In order to determine if it is worth it to get the plan, compare the cost of the health plan to your medical expenses for the year. If your medical expenses for the year is less than the cost, then the plan is worth it.

Medical expense covred by plan is zero since your medical expense is less than $100. Thus the plan is too expensive.

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from the previous analysis, you can determine that as jake increases his production of trucks, his opportunity cost of producing one more truck .

Answers

the potential cost of making another truck for him Increases.

How does opportunity cost work?

The value of what you must give up in order to pick something else is referred to as opportunity cost in economics. It is, in a nutshell, the worth of the path not traveled.

When comparing several options, opportunity cost might be helpful in determining which one has the fewest drawbacks.

The opportunity cost is the lost study time and money that could have been used for something else. A farmer decides to sow wheat; the opportunity cost is not doing so or using the resources in a different way (land and farm equipment)

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career difficulties and unemployment can pose serious challenges to adult well-being not only because of financial pressures but also because many adults derive which of the following from their work? question 11 options: a) friendships b) identity c) creativity d) structure and stability

Answers

b) Due to financial strains as well as the fact that many people get their identity from their work, career obstacles, and unemployment can seriously threaten adult well-being.

Describe unemployment

Unemployment is the term used to describe the number of persons who are available and seeking work but are unable to do so. Unemployment has an effect on everyone: people, neighborhoods, communities, and the economy as a whole. The biggest cause of unemployment on a national level is economic slowdowns.

Businesses are forced to cut payroll costs when the economy deteriorates. In terms of unemployment, the population is not dispersed equally. For some groups, the unemployment rate may be higher or lower based on a variety of circumstances, such as:

Region Industry Race Socioeconomic Class Gender

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which metric measures how volatile a fund's returns are relative to its benchmark?

Answers

The metric that measures how volatile a fund's returns are relative to its benchmark is called beta. Beta is a measure of systematic risk.

Systematic risk, which refers to the volatility of an asset or portfolio in relation to the overall market. A fund's beta is calculated by comparing its historical returns to those of a benchmark index, such as the S&P 500. A beta of 1 indicates that the fund's returns are perfectly correlated with the benchmark, while a beta of less than 1 suggests lower volatility and a beta of more than 1 indicates higher volatility. Therefore, investors who are looking to minimize risk may seek out funds with a lower beta, while those who are willing to take on more risk may look for funds with a higher beta.

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A shopper sees two brands of spaghetti sauce. One is store brand, and the other is a well-known national brand. Even though the two sauces taste extremely similar, the shopper believes the national brand is more valuable. Based on money’s function as a measure of value, which brand would the shopper be willing to pay more for? Why?

Answers

Answer:

The shopper would being willing to pay more for the brand name sauces particularly because of the brand name. If the shopper knows that the brand is trustworthy and well known the chances of them buying it, despite the price, rises.

Explanation:

Hi there! I hope this helps! Good luck! :)

a security that represents part ownership or equity in a company

Answers

the answer is common shares. common shares are securities which represent part ownership in a company and generally carry voting privileges.

What is a stock?
A. A partial ownership in a company
B. A group of real estate investments
C. A regular payment a company issues investors
D. A government investment

Answers

i believe the answer is a

Answer:

A partial ownership in a company

Review the concepts and vocabulary covered in this module by completing a crossword puzzle about the Fed.
How Does the Fed Affect Me
Select the number at the begining of each word
to display the clue and type your answer. The
Clues tab at the bottom of the screen will
provide a full list

Review the concepts and vocabulary covered in this module by completing a crossword puzzle about the

Answers

Every aspect of the economy's financial decisions are influenced by the Federal Reserve.

What is one of the Fed's long-term objectives?

The goal of the Federal Reserve is to support a robust American economy. To be more precise, the Fed is in charge of implementing the country's monetary policy in order to achieve the objectives of maximum employment, price stability, and moderate long-term interest rates.

How many districts of the Federal Reserve are there?

twelve districts of the Federal Reserve

The twelve Federal Reserve Districts are autonomous but are under monitoring. Economic factors are used to determine the boundaries of the Federal Reserve Districts, which are autonomous yet subject to the direction of the Federal Reserve Board of Governors.

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Frank is already taking advantage of his employer benefit package but wants to find
options to save for retirement that offer tax incentives. Which of the following should
Frank explore?
A. Contribution matching
B. Lower interest
C. Opt in or opt out
D. Roth IRA

Answers

I am sure that it’s D. Roth IRA

Question 2 (1 point)
Who benefits from a low interest rate? (Select the best answer.)

The investor
The borrower
The lender
The credit card company

Answers

Answer: The borrower

Explanation:

Answer: The borrower

Explanation:

How does your state’s on-time payment record compare to the national rate?

Answers

It should be noted that my state’s on-time payment record is high compare to the national rate.

What is a credit score?

A credit score serves as a numerical expression based on a level analysis of a person's credit files.

This is a term that to represent the creditworthiness of an individual after his account has been checked.

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Which promotional element is particularly important to business buyers? a. public relations
b. publicity c. sales promotion d. rebates e. personal selling.

Answers

Among the given promotional elements, personal selling is particularly important to business buyers. It allows for direct interaction, customized solutions, and building relationships based on trust and expertise.

In the context of business-to-business (B2B) marketing, personal selling plays a vital role in influencing business buyers' purchasing decisions. Unlike mass advertising or other promotional elements, personal selling involves face-to-face communication between sales representatives and potential buyers. This direct interaction enables salespeople to understand the specific needs, challenges, and goals of business buyers. They can then tailor their offerings and solutions to address those specific requirements.

Business buyers often seek customized products or services that align with their unique business needs. Personal selling allows sales representatives to provide detailed information, demonstrate product capabilities, and showcase how their offerings can solve the buyer's problems or fulfill their requirements effectively. This personalized approach enhances the buyer's confidence in the offering and establishes a sense of trust and credibility.

Furthermore, personal selling enables sales representatives to establish long-term relationships with business buyers. B2B transactions often involve complex and significant investments, and buyers prefer to work with sales professionals who understand their industry, demonstrate expertise, and provide ongoing support. Through personal selling, sales representatives can build rapport, address concerns, and offer ongoing guidance and assistance. This relationship-based approach helps in fostering loyalty and repeat business.

In conclusion, personal selling stands out as a particularly important promotional element for business buyers. It allows for direct interaction, customized solutions, and the building of relationships based on trust and expertise. By understanding the specific needs of buyers and providing personalized attention, sales representatives can effectively influence B2B purchasing decisions and establish long-term partnerships.

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Which part, sentence, or phrase in the passage suggests that the respective entrepreneur is a transformational leader? Four best friends from high school—Erwin, Harry, Mick, and Gary—have gone on to become entrepreneurs. They have very different personalities, and thereby, leadership styles. Erwin A(seems to concern himself with the processes rather than forward-thinking ideas.) Harry is B(finicky about minute details, but always gets the job done). C(Mick seeks advice from others and has great concern for his employees). Gary D(rewards effective behavior of his employees, and corrects them when the expectations are not met.)

Answers

Answer:

Garry

Explanation:

Brainliest please! :)

Answer:

(D) "rewards effective behavior of his employees, and corrects them when the expectations are not met."

Explanation:

which partition management utility can be used to define and change various different guid

Answers

The partition management utility that can be used to define and change various different GUID is GPT .

GUID stands for Globally Unique Identifier. It is a standard system for giving unique identifiers to entities or objects in computer systems. GUID is used in various applications and sy.stems that need to create unique identifiers.GUID is commonly used with GPT (GUID Partition Table).

The GPT is a partitioning scheme that is used to define the partition table on a disk drive.

It is a part of the Unified Extensible Firmware Interface (UEFI) standard for booting the computer.GUID partition management utility can be used to define and change various different GUID. It is a disk partition management tool that is used to manage and configure the partition scheme of the disk drive.

It is used for the purpose of partitioning the disk drive and is a key component of modern operating systems. It is a reliable and robust tool for managing partitions, formatting disks, and creating partitions up to 2 TB.The GUID Partition Table is a successor to the Master Boot Record (MBR) partitioning scheme.

It is used in modern computers that have a UEFI firmware. The GUID Partition Table is more reliable, flexible, and efficient than the MBR scheme. It supports larger disk drives, up to 9.4 zettabytes, and allows for more partitions. It also includes a backup partition table, which makes it more resilient to disk failures.

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What strategies were most effective during the ""haggling"" process? why do you think they were effective?.

Answers

Strategies have been only all through the ""haggling"" procedure are Fall in like — now no longer in love — with an item, Do your studies earlier than you go, Pick the proper time to haggle, Ask the salesclerk first, then the supervisor and Make a suggestion they can not refuse.

The required details for haggling procedure in given paragraph

The procedure of haggling includes  events making sequential gives and counteroffers to every different till a charge is agreed upon. The person attempting to shop for the best and provider is making an attempt to pay the least quantity possible, at the same time as the seller's number one goal is to maximize the promoting charge. To haggle is whilst events concerned in a transaction along with the acquisition of an amazing and provider negotiate the charge till each events can collectively agree on a truthful charge. The procedure of haggling includes events making sequential gives and counteroffers to every different till a charge is agreed upon. The person attempting to shop for the best and provider is making an attempt to pay the least quantity possible, at the same time as the seller's number one goal is to maximize the promoting charge.

Haggling additionally may fit with the aid of using the names bargaining, quibbling, dickering, or casual negotiating.

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what types of metrics can help us understand how much of what type of traffic search engines are bringing, how engaged those visits are, and whether or not visitors are accomplishing business goals?

Answers

The types of metrics that can help understand how much of what type of traffic search engines are bringing, how engaged those visits are, and whether or not visitors are accomplishing business goals are traffic, engagement, and conversion metrics.

Traffic metrics show how many visits a website receives, which channels or sources drive the visits, and how much traffic comes from search engines. Engagement metrics, on the other hand, measure how engaged visitors are with a website, its content, and its features.

They include bounce rate, time on site, pages per session, and other engagement metrics. Lastly, conversion metrics show whether or not visitors are accomplishing business goals, including leads, sales, and other types of conversions.
Traffic metrics show how much traffic comes from search engines and other sources.

The most common traffic metrics include the number of sessions, users, pageviews, and unique pageviews. Traffic sources can be broken down into different channels, including organic, paid, referral, social, email, and others. Engagement metrics help understand how engaged visitors are with a website and its content.

High engagement can lead to increased retention, loyalty, and lifetime value. Conversion metrics are the ultimate measure of success for any website. They show whether or not visitors are accomplishing business goals, such as leads, sales, and other types of conversions.

Conversion rates, revenue, and ROI are all key conversion metrics that help evaluate website performance.

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Who do you think will win the Election

A( Trump
B( Biden

Answers

Answer:

B. Biden

he won the election

A person who does not have capacity to contract may later contract.
A. accept
B. disaffirm
C. counteroffer
D. enforce​

Answers

Answer:

B.) Disaffirm

Explanation:

I just took it and got it correct

Answer:

B

Explanation: I just took it

According to the unit, what percentage of shoppers used a coupon in 2012?

A. 78%

B. 85%

C. 93%

D. 100%

Answers

today's world, 96% of consumers have used a coupon in the past 90 days. JC Penney tried to break consumers of the coupon habit in 2012 and quickly saw a 23% drop in sales for the first three quarters of 2012. If JC Penney couldn't change people's shopping behavior, you probably can't either.n: so i guess its c

Answer:

78%

Explanation:

I take nutrition and wellness, and this was the correct answer for me. Just took the test as well :P

I lost my bestfriend. Omg I can't take it.​

Answers

Answer:

why tho

Explanation:

why th

Answer:

i'm so sorry this happend to me at the beginning of last year and i was sad for the whole year but im fine now cause she was toxic and wouldn't let me have any friends and i got a glow up

Explanation:

3. Describe two real or made up situations in the workplace when you would need to use
speaking skills. (1-2 sentences. 2.0 points)

Answers

In order to reduce conflict, speaking  skill, is the skill that helps to settle a disagreement or conflict between two parties, or amount group of people.

Why speaking skills is essential in workplace?

No company has stated in his vision or mission, to keep a zero conflict among staff, because it is believed that every workers and staff of the company is disciplined and should focus on why the company has hired him or her.

But on the other hand, conflict among workers in a company has been on increase. Because people differs so their ideology differs too. Conflict may not only be when a worker yells at a co worker, it can also be an argument between workers.

It is difficult to find a company made of more than 10 workers with out conflict among co workers, the conflict could be envy or side talks.

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Vital records, such as birth and death certificates, are considered what type of information source?


Tertiary


Primary


Secondary

Answers

Answer:

Primary answer

Explanation:

Having internet, catalog, and store offerings makes staples a(n) multiple choice full-line discount store. omnichannel retailer. diversified retailer. dispersed retailer. supercenter.

Answers

The correct answer is supercenter. Staples Inc. is an American retail company and is a supercenter.

With its corporate headquarters in Framingham, Massachusetts, Staples Inc. is an American retailer that provides goods and services that assist both learning and working. Over 1,000 Staples locations will offer same-day passport photo services in 2022, and a few will also offer TSA PreCheck enrollment.

Leo Kahn, Thomas G. Stemberg, and Myra Hart created Staples. In 1985, as Stemberg was preparing a proposal for a different company, he had the concept for Staples. He needed a ribbon for his printer but couldn't get one because his neighborhood store was closed for the Fourth of July. Because of his experience in the food industry and his aggravation with the need to rely on small shops for essential supplies, Stemberg had the idea for an office supply superstore.

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A decrease in the real money supply, other things being equal, will shift the LM curve: A) downward and to the left. upward and to the left. C) B) downward and to the right. D) upward and to the right

Answers

A decrease in the real money supply, other things being equal, will shift the LM curve: B) upward and to the left. As a result, the LM curve shifts downward and to the left, indicating that the equilibrium interest rates have increased and output levels have decreased.

A decrease in the real money supply, other things being equal, will shift the LM curve downward and to the left. The LM curve represents the combinations of interest rates and output levels at which the money market is in equilibrium. A decrease in the real money supply means that there is less money available for investment and consumption, which increases the interest rates. This leads to a decrease in the demand for goods and services, which leads to a decrease in output levels.
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Which two security regulations does the pci enforce with regard to electronic banking?
Choices
A. Banks must maintain a secure network
B. Banks must allow customers to chose the level of security they want
C. Banks must compensate customers for money lost due to stolen cards
D. Banks must have information security policy

Answers

Answer:

A. Banks must maintain a secure network D. Banks must have information security policy

Explanation:

The Payment Card Industry Data Security Standards (PCI DSS) are there to make sure that companies dealing with payment cards for customers protect these customers by having a secure payment environment to prevent customer money being at risk.

First and foremost the companies should have a secure network for processing card payments and data which means no expense should be spared in maintaining this. Companies must also have an information security policy that employees must follow when dealing with customer information.

Question Mode Multiple Choice Question In a ______, members of the channel pursue their own goals and maximize their own profits, regardless of the effect on other channel members. Multiple choice question. corporate vertical marketing system conventional marketing channel strategic relationship JIT system

Answers

Answer:

b. Warehouses

c. Stores

questions. question numbers (1.1.1 to 1.1.5) in the ANSWER BOOK, e.g. 1.1.10 C 1.1.1 A problem-solving technique where a team of experts are given ques to obtain their opinions without bringing them to the same place. A. Force-field 8. Empty chair C. Brainstorming D. Delphi 1.1.2... is aimed at facilitating change in the business. A. Force-Field technique B. Delphi technique C. Chair technique D. Empty chair technique 1.1.3 The... can be used as a form of non-verbal communication. A. Pie chart B. Informal conversations C. Indigenous knowledge D. Panel discussions 1.1.4. Which one of the following is a research instrument? A. Market research B. Nominal group technique C. Flyer D. Questionnaire 1.1.5.... is one of the of legal requirements that a business must comply with A. National Credit Act B. Size of the business C. Legal protection D. Number of owners required​

Answers

Problem-solving technique which is discussed here is Delphi, so option D is correct answer.Force-Field technique is aimed at facilitating change in the business, so option A is the correct answer.Pie chart can be used as a form of non-verbal communication, so option A is the correct answer.Questionnaire is a research instrument, so option D is the correct answer.Legal protection is one of the of legal requirements that a business must comply with, so option C is the correct answer.What is Force-Field technique ?

The force-field analysis method in social science offers a framework for examining the variables (or "forces") that affect a situation, originally social circumstances. It examines factors that are either promoting movement toward a goal (helping factors) or impeding that advancement (hindering forces).

Hence, Delphi, Force-Field technique, Pie chart, Questionnaire, and Legal protection. These are the answers respectively.

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A low-cost provider strategy becomes increasingly appealing and competitively powerful when.

Answers

A low-cost provider strategy is said to be more increasingly appealing and competitively powerful only when it is difficult to achieve product differentiation in ways that have value to buyers.

What is Low-Cost Provider Strategy?

A low-cost provider is known to be a method used when one aim or try to seeks to sell its products at the lowest price possible.

It is often done while still making a profit so that it can appeal to customers and make them to come to the market. It is known to often appeal to a broad market.

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Name three factors that determine a good’s or service’s elasticity.

Answers

Answer:

Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.

Explanation:

Answer:

(1) availability of substitutes(2) if the good is a luxury or a necessity, (3) the proportion of income spent on the good, and(4) how much time has elapsed since the time the price changed.
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