Ruby Company follows activity-based budgeting. From the information given below, calculate the total activity cost of the company. Activity description Activity driver Cost per unit of driver Amount of driver Processing mail Number of clients $120 75 Paying bills Number of bills $ 2.5 10,000 Investigating Number of new hires $110 75 Writing reports Number of clients $150 75

there was no passage listed but using the process of elimination i'd say it was d. the high economy would do the opposite. i don't see how low prices would affect it. high unemployment is possible but i feel d is the better answer.

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.