The price received by sellers in a market will decrease if the government
a. increases a binding price floor in that market.
b. increases a binding price ceiling in that market.
c. decreases a tax on the good sold in that market.
d. None of the above is correct.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The price received by sellers in a market will decrease if the government a. increases a binding price floor in that market. b. increases a ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Portland, inc. has formed four activity cost pools: product design, machining and production, machine setup, and inspection.
Answers (1)
Minimum wage laws have the smallest effect on which segment of the labor force? a. low-skilled labor b. teenagers c. skilled workers d. unemployed workers
Answers (1)
The vice-president of marketing of G Street Fabrics has been told to invest the company's advertising dollars wisely.
Answers (1)
Personal financial planning is the process of creating and achieving financial goals? true or false
Answers (1)
Coverall, Inc., an insurance company, recently moved into the motorcycle insurance market. Coverall was concerned that the most likely motorcycle insurance customers are those who ride their motorcycles recklessly, because they would benefit most
Answers (1)
New Questions in Business
Dickson Inc. uses the perpetual inventory system. The company sold 500 units to Ajax Ltd. for a total sales price of $5,000. At the time of the sale, Dickson carried the inventory on its books at a cost of $3,000.
Answers (1)
Thomas is a copy machine technician for State Office Systems. He was involved in a serious car accident while making a service call for his employer, and he cannot return to work for 8 weeks.
Answers (1)
Breadmakers, inc. produces and supplies fresh sandwich breads to various sandwich businesses. breadmakers has recently decided to open its own stores for selling sandwiches to consumers. this is an example of:
Answers (1)
Before Pepsi-Cola stamped freshness dates on its cans, few consumers considered cola freshness an issue. After Pepsi spent about $25 million on advertising and promotion, a consumer survey found that 61 percent of cola drinkers thought it important.
Answers (1)
Which of the following would be classified as a noncommercial food service operation? 1. snack bar located in an airport 2. terminal meal program at a college or university3. concession stand at a sports facility 4.
Answers (1)