Suppose the equilibrium price of a pound of bacon is $3.50. the government decides that people have a right to a pound of bacon at an affordable price. to protect this new right, the government passes a law setting a maximum price of $1.50 for bacon. as a result of the legislation, there will be choose one: a. either an excess supply or an excess demand for bacon; it depends on the market reaction to the price control. b. neither an excess supply nor an excess demand for bacon. c. an excess supply of bacon. d. an excess demand for bacon.

Rats that received electric shocks were unlikely to develop ulcers if the

On april 1, the cash account balance was $46,220. during april, cash receipts totaled $248,600 and the april 30 balance was $56,770. determine the cash payments made during april.

Jason started last week with $900 in his checking account. during the week, he wrote the checks below. at the end of the week, jason received a paycheck for $534.59. he recorded all of these transactions in his check register. trans typ./ check no. date description of transaction payment/ debit deposit/ credit (+) balance 900 00 241 12/4 miller's food market 53.21 53 21 groceries 846 79 242 12/7 frank's auto parts 24.05 24 05 oil and filter 822 74 243 12/8 mike's barber shop 15.00 15 00 haircut 807 74 deposit 12/9 paycheck 534.59 534 59 1,342 33 evaluate jason's check register. a. jason did a good job; everything is correct. b. the final balance is wrong; jason did not add everything correctly. c. jason should have written debit instead of deposit for the transaction type. d. jason entered the amount for his paycheck in the wrong column.