Business, 20.11.2021 07:10 ryanghost90
a floor broker executing an order for a public customer asked the designated market maker to guarantee a price while giving the floor broker an opportunity to obtain a better price for the customer. This is known as
Answers: 1
Business, 22.06.2019 00:30, johnkings140
Aprice ceiling is “binding” if the price ceiling is set below the equilibrium price. suppose that the equilibrium price is $5. if a price ceiling is set at $6, this will not affect the market in any way since $5 remains a legally allowable price (since $5 < $6). a price ceiling of $6 is called a “non-binding” price ceiling. on the other hand, if the price ceiling is set at $4, the price ceiling is “binding” because the natural equilibrium price is $5 but that is no longer allowed. what happens when there is a binding price ceiling? at a price below the equilibrium price, quantity demanded exceeds quantity supplied. there is a shortage. normally, price increases eliminate shortages by increasing quantity supplied and decreasing quantity demanded. in this case, however, price increases are not allowed past the price ceiling. we therefore predict that the observed market price will be right at the price ceiling and there will be a permanent shortage. the observed quantity bought and sold will be dictated by the quantity supplied at the price ceiling. although consumers would like to buy more, there are no more units for sale
Answers: 1
Business, 22.06.2019 05:30, themaster66644
Financial information that is capable of making a difference in a decision is
Answers: 3
Business, 22.06.2019 15:00, menendezliliana5
(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?
Answers: 2
a floor broker executing an order for a public customer asked the designated market maker to guarant...
English, 08.03.2021 04:00
Mathematics, 08.03.2021 04:00
Mathematics, 08.03.2021 04:00
Biology, 08.03.2021 04:00