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viktelen [127]
1 year ago
6

Price controls on rents are frequently implemented by governments in an effort to protect renters from high housing prices. Diff

erentiate the type of price control used from other potential price controls, and then formulate reasons as to why governments should be careful when implementing these types of controls
Business
1 answer:
S_A_V [24]1 year ago
5 0

Price control on rent is a branch of price controls system placing a maximum price/rent ceiling price” on what landlords can charge the tenants for use of the property.

Basically, the measure are used to prevent merchants/sellers from taking advantage of the certain situation (high inflation or disaster)

  • The control are effective and shows the commitment of government towards the citizen of the nation.

  • Also, the government use this price control on other commodities such as foodstuff, generators, building materials, gasoline etc

In conclusion, the government should be careful in enforcing these control because the effect may result to merchant not going above break-even point.

Learn more about Price control here

<em>brainly.com/question/1323996</em>

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Machines at a bottling plant are set to fill bottles to 12 ounces. The quality control officer at the plant periodically tests t
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Answer:

Answer for the question:

Machines at a bottling plant are set to fill bottles to 12 ounces. The quality control officer at the plant periodically tests the machines to be sure that the bottles are filled to an appropriate amount. The null hypothesis of the test is that the mean is at least 12 ounces. The alternative hypothesis is that the mean is less than 12 ounces. What are the possible types of errors that could be made from this test?

Is given in the attachment.

Explanation:

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2 years ago
A car dealer is willing to lease you a car for $319 a month for 60 months. Payments are due on the first day of each month start
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Answer:

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Explanation:

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Data provided in the question  

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