Has a monthly target operating income of $ 15 comma 000. variable expenses are 70% of sales, and monthly fixed expenses are $ 12 comma 000. read the requirement 1. compute the monthly margin of safety in dollars if the shop achieves its income goal. begin by identifying the formula to compute the margin of safety. ▼ - = margin of safety in dollars

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.