NEED HELP ASAP! Which of the following graphs represents the housing market with rent control in place?

Answers

Answer 1

Answer:

Answer:

The first graph represents the housing market with rent control fully in place. In such a housing market, rent does not get out of hand before government intervention.

Explanation:

With the first graph, t the market could not reach the equilibrium point without the rent control stopping the market forces of supply and demand from exceeding a controlled price (rent). It shows the effect of price control on the market dynamics. With a control on the price (house rent by government), a certain price is imposed on the suppliers and consumers so that they do not go above the prescribed limit. This is what obtains in a controlled economy. On the other hand, in a free market, government does not intervene with control mechanisms, instead it allows the market forces to interact, enabling aggregate production and consumption of goods and services.

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Which of the following best explains the quote below in terms of political propaganda?"There is nothing more terrifying than ignorance in action." -Goethe

A. Goethe meant that politics is a terrible profession.

B. Goethe meant that it is terrifying to be inactive.

C. Goethe meant that if you plan to be involved in politics then you should get an education.

D. Goethe meant that people who speak out about political issues should thoroughly understand the issues they are taking about.

Answers

Answer:

D. Goethe meant that people who speak out about political issues should thoroughly understand the issues they are talking about.

Explanation:

Political propaganda refers to information that is used to influence people to think in a certain way in respect to politics. So, when Goethe says that "there is nothing more terrifying than ignorance in action" when talking about political propaganda he means that when people shares information about politics when they don't know about the subject, this is dangerous because they can cause conflict by making people believes things that are not true. Because of this, the answer is D.

D. Goethe meant that people who speak out about political issues should thoroughly understand the issues they are taking about.

The most economical way to purchase large items, such as furniture, is to buy with?

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The correct answer is to buy the furniture with cash. If you were to buy furniture with credit, you likely would gain interest on the original price, which means you would end up paying more than just the original price. If you were to pay in cash, the furniture would be paid in full and there would be no future payments.

The most economical way to purchase large items is through cash.

What is Cash?

This can be defined as a legaltender that can be used to exchange goods, debt, or services.

Using cash for purchases is direct and doesn't involve issues of paying ,more as a result of interests which may have been accrued which makes it an economical way to purchase large items.

Read more about Cash here brainly.com/question/735261

Before coin and paper money, how did people people exchange goods and services

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they trade an item for another item

they traded with each other the native american Indians also used wampum

On her way to a concert, Hermione stopped at a restaurant for dinner. In her purse, she had 12 bills worth a total of $40. She had only $1 bills and $5 bills. How many $5 bills did Hermione have in her purse? 1 2 5 7.

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The correct statement will be that the maximum number of $5 bills that can be in Hermione's purse will be 7. So, the correct option that matches the statement is D.

The number of bills of $5 are seven, as Hermione also has at least one bill of $1.

Calculation of bills.

Considering Hermione has at least one bill of $1, then the computation of total bills out $40 can be shown as below,

$40= 1+x$

where x is the number of $5 bills

So we know that the maximum number of bills of $5 that can be kept by Hermione is 7 as $35 is the nearest number possible and seven bills of $5 will constitute $35.

Hence, it can be concluded that option D is correct that there are seven bills of $5 in the purse of Hermione and hence there will be five bills of $1 in her purse.

Learn more about bills here:

brainly.com/question/16405660

Answer:

Explanation:

The following situation would likely work well. A situation in which marketing is publicizing a company's ability to provide a large variety of products very quickly; simultaneously, distribution is targeting the lowest cost means of transportation. True or false?

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Answer:

False.

Explanation:

The company is by publicising its ability to provide large variety of products to consumers, emphasising on quick transportation as a major activity that will provide customer satisfaction. Quick and simultaneous delivery implies higher cost.

Customers will expect these standards to be met, and when sales go up more transportation activities will take place.

This marketing strategy is aimed at increasing transportation cost and not reducing it.

Which statements are true according to the law of supply?1.)A decrease in demand leads to an increase in supply.
2.)A decrease in demand leads to a decrease in supply.
3.)An increase in price leads to a decrease in supply.
4.)A decrease in price leads to a decrease in supply.
5.)An increase in price leads to an increase in supply.

Answers

I believe the answer is:
-A decrease in price leads to a decrease in supply.
-An increase in price leads to an increase in supply.

As the price of a product fall down, the amount of profit that the sellers would get for selling the product would also fall. This would cause them to decrease the amount of supply so they can produce more profitable happen. The exact opposite happen when the price of the product rises.

The true statements according to the Law of Supply are:

A decrease in price leads to a decrease in supply.
An increase in price leads to an increase in supply.

What happens when prices rise?

When there is an increase in prices, the Law of Supply shows that there will be an increase in supply because suppliers will want to make more profits.

If the prices decrease however, a situation arises where suppliers will reduce supply as the profit incentive is gone.

Find out more on the Law of Supply at brainly.com/question/3699486.

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