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2 years ago

What allows consumers to receive goods and services in a non-price rationing system?

1 answer:

6 0

Non-price rationing system is commonly done by queuing (to resolve rationing problems brought by price ceilings) and by coupons (to restore buyer equilibrium). Favored customers who received special treatment from dealers when there is an excess demand, which means: owners giving goods and services to their friends, is another non-price rationing mechanism. I hope that this is the answer that you were looking for and it has helped you.

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You have found an apartment that rents for $950 per month. Your budget will only allow $800 per month. Your parents have offered

sineoko [7]

(800x20)/100 = 160 160 + 800= 960, so yes they will help you bring you within your budget

3 0

2 years ago

Read 2 more answers

Wholesome Wheat Bakery buys $10.00 worth of flour from Mikes’ Mill and uses the flour to make bread. Wholesome Wheat sells the b

MakcuM [25]

Answer:

c. GDP increases by $22.00.

Explanation:

The GDP is the sum of all final goods and services produced in an economy within a given period.

GDP = Consumption spending + Investment + Government Spending + Net Export

Only final goods and services are included in the calculation of GDP.

The wheat purchased by Wholesome Wheat Bakery is an intermediate good whuch is still used in the production of bread. Therefore, it isn't included in the calculation of GDP.

Bread is a final good and it's included in the GDP. Therefore, GDP increases by $22.

I hope my answer helps you.

8 0

2 years ago

For each of the following events, identify which of the determinants of demand or supply are affected. If demand is unaffected b

Ratling [72]

Answer:

(1) Demand Determinant - No. of buyers

Supply Determinant - None

When people decided to have more children then this will result in more number of buyers. This will affect the demand for a particular good and shifts the demand curve towards right.

(2)Supply Determinant - Input prices

Demand Determinant - None

Steel is an input for the firms and if there is an increase in the price of steel then as a result cost of production increases which results in lower supply for their product.

(3) Supply Determinant - Technology

Demand Determinant - None

New technology will increase the productivity of the firms and hence, increase the supply of the products.

(4) Demand Determinant - Price of substitute or complimentary goods

Supply Determinant - None

If the price of substitute good rises then as a result demand for minivans increases. This will shift the demand curve rightwards.

(5) Demand Determinant - Income

Supply Determinant - None

Decrease in the wealth of the consumers will result in lower demand for the minivans. Therefore, demand curve shifts leftwards.

3 0

1 year ago

Given a stock index with a value of $1,200, an anticipated dividend of $45, and a risk-free rate of 6%, what should be the value

kramer

Answer: $1,227

Explanation:

The value of the futures contract should be calculated by the formula;

= Stock Index Value * ( 1 + risk free rate ) - dividends

= 1,200 * ( 1 + 0.06) - 45

= $1,227

8 0

2 years ago

A political pundit argues that the government should impose a tariff on tires because they are a necessary input into the produc

valentina_108 [34]

Answer:

The correct answer is letter "A": National-security argument.

Explanation:

The National-security argument is a point of view that promotes the imposition of quotas and tariffs on imports related to national security in an attempt to boost domestic production on the same items. This situation will cause that in front of war the country will produce its own supplies to meet effectively its demand instead of relying on other countries to provide them with those goods. Most protectionist countries tend to support this idea.

7 0

1 year ago