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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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The chance of losing time, money, reputation, etc. is known as __________.
elena55 [62]
The answer to this question is: Risk
In most cases, something that give the potential reward of time, money, and reputation will also possess the risk of losing that same thing at the same degree. This principle will often used by investors to choose which portofolio that they want to pursue with their capital.

7 0
1 year ago
Tile Depot, specializing in retail of construction materials, carries a popular flooring tile. The annual demand is estimated to
MissTica

Answer:

d.$500

Explanation:

Economic order quantity is the quantity at which business incur minimum cost. This is the level of order where the holding cost equals to the ordering cost of the business.

As per given data

Annual Demand = 5,000 cases

Ordering cost = $250

Carrying cost = $10

EOQ =  \sqrt{\frac{2 X S X D}{H} }

EOQ = \sqrt{\frac{2 X 250 X 5,000}{10} }

EOQ = 500

4 0
1 year ago
Read 2 more answers
Given a prior forecast demand value of 1,100, a related actual demand value of 1,000, and a smoothing constant alpha of 0.3, wha
Korvikt [17]

Answer:

1,030

Explanation:

Calculation for what is the exponential smoothing forecast value

Exponential smoothing forecast value = 1,000 + 0.3 x (1,100-1,000)

Exponential smoothing forecast value = 1,000 + 0.3 x (100)

Exponential smoothing forecast value = 1,000 + 30

Exponential smoothing forecast value= 1,030

Therefore the exponential smoothing forecast value will be 1,030

5 0
2 years ago
Price discrimination is the practice of charging different prices for the same product that are not justified by cost difference
Sergeu [11.5K]

Answer:

<h2>Because firms in a perfectly competitive market does not have any price making ability or market power,they are not able to engage in any price discrimination.Hence,the correct answer is  the last option or True,because perfectly competitive firms have no market power.</h2>

Explanation:

In Microeconomics,perfectly competitive markets are characterized by many buyers and sellers in which the sellers and firms usually sell homogeneous or identical products.Now,as there are many firms in the market and no barriers to entry for new firms into the market,the market competition or rivalry is high and hence,no single firm has the ability to determine and manipulate the market price according to their own economic advantage because if any firm tries to do so,it will loose significant market share as most customers would move to other sellers/firms charging lower price or regular market price.Therefore,the market price is fixed in the perfectly competitive market as the firms do not have price making or market power.Consequently,they are not able to charge different prices to different customers according to their maximum willingness to pay or differences in price preferences.

3 0
2 years ago
Donald owns a two-family home. He rents out the first floor and resides on the second floor. The following expenses attributable
ElenaW [278]

Answer:

900 real estate taxes

600 mortgage interest

500 utilities

300 repairs

0 painting

1000 depreciation

= 3300

Answer: $3,300

Explanation:

3 0
2 years ago
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