if demand is price inelastic, then question 20 options: a) buyers respond substantially to a change in price, but the response is very slow. b) buyers do not respond much to a change in price. c) the demand curve is very flat. d) buyers do not alter their quantities demanded much in response to advertising, fads, or general changes in tastes.

Answers

Answer 1

When demand is price inelastic, buyers do not respond much to a change in price.The extent to which the quantity of a good or service purchased changes in response to a shift in its price is known as the price elasticity of demand. So, option (b) is the correct option.

The degree to which quantity demanded responds to price changes is determined by the elasticity of demand for a good or service. A good or service with an elastic demand reacts to price changes in a big way. Consumers will purchase less of the item if the price rises, and more of it if the price drops. As a result, if the price of a good rises, the total revenue gained by the firm selling the product declines, and vice versa.

Conversely, a good with an inelastic demand reacts to price changes in a small way. Consumers will continue to purchase the item regardless of price changes, even if the price rises. As a result, if the price of a good rises, the total revenue gained by the firm selling the product increases, and vice versa.

Therefore, if demand is price inelastic, buyers do not respond much to a change in price. A change in price would result in a modest increase or decrease in quantity demanded by the consumers. So, option (b) is the correct option.

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Related Questions

A $1,000,000 lottery prize pays $50,000 per year for the next 20 years. If the current rate of return is 4.5%, what is the present value of this prize?

Answers

    The present value of this lottery prize has an amount of P = $650,396.82.

What is ordinary annuity?

  Ordinary annuity is defined as the process by which payments are made at the end of each period, in order to determine the present value under this analysis we must use the following equation:

P = R[1-(1-(1 +i)ⁿ/ i]

Where:

P : Is present valueR : is the payments at the end of the periodn : is the number of periodsi : is the interest rate

  We substitute the values in the equation described:

P = $50000[1-(1 + 0.045)²⁰/ 0.045]

P = $650.396,82

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Craig has a lot of reasons for wanting to start his own business. What is the main reason why he believes he’s ready to turn his side job into a full-scale business? Multiple Choice He is passionate about landscaping. He has been able to grow his client base steadily just by word of mouth. His wife knows how to build a website. He is tired of his corporate job.

Answers

Answer:

B

Explanation:

The correct option for the question is B. He has been able to grow his client base steadily just by word of mouth.

What is the client base?

A client base is a company's primary source of business and revenue. A client base includes the current clients paying for the products or services. A client base can be identified or defined in many ways depending on the sort of industry. Existing clients may also be the first to be sold new offerings.

Conclusion: If you sell computer systems, your client base includes the clients that are subject to your marketing efforts and customers who have already purchased your computers.

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How does your job describe your personality?

Answers

Answer:

This depends on what job you have say if your an Artist then your creative.

Explanation:

Jia is considering whether to go out to dinner at a restaurant with her friend. The meal is expected to cost $40, jia typically leaves a 20% tip, and an uber will cost $5 each way. Jia values the restaurant meal at $25. Jia enjoys her friend’s company and is willing to pay $30 just to spend an evening with her. If jia does not go out to the restaurant, she will eat at home, using groceries that cost her $8.

Required:
a. Calculate jays cost associated with going out to dinner with her friend.
b. Calculate jays benefits associated with going out to dinner with her friend.

Answers

Jia cost & benefit associated with going out to dinner is $58 and $63 respectively.

Basically, the calculation is about getting the amount that Jia spent and benefit during the dinner with her friend.

Calculation of Jia's cost

The cost includes expected cost of $40 for meal, $8 for tip (20%*$40) and $10 for Uber transport (To and fro)

= $40 + $8 + $10

= $58

In conclusion, Jay's cost associated with going out to dinner with her friend is $58.

Calculation of Jia's benefit

The benefit of the dinner includes $25 for meal valuation, amount of spending an evening with her ($30) and the $8 that she will spend if he doesn't go for dinner

= $25 + $30 + $8

= $63

In conclusion, Jay's benefit associated with going out to dinner with her friend is $63.

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garnet company had beginning inventory of $300 and ending inventory of $200. garnet company had cost of goods sold amounting to $1,600. based on this information, garnet company must have how much inventory available for sale (i.e. cost of goods available for sale):

Answers

Garnet Company had inventory available for sale amounting to $2,000. The formula for cost of goods available for sale is beginning inventory plus purchases, and purchases can be calculated using the cost of goods sold and the change in inventory.

We can use the formula for the cost of goods available for sale:

Cost of goods available for sale = Beginning inventory + Purchases

We can rearrange this formula to solve for purchases:

Purchases = Cost of goods available for sale - Beginning inventory

We know that the beginning inventory was $300, the ending inventory was $200, and the cost of goods sold was $1,600. To find the cost of goods available for sale, we can use the formula:

Cost of goods available for sale = Beginning inventory + Purchases

Cost of goods available for sale = Beginning inventory + (Ending inventory - Cost of goods sold)

Substituting the given values, we get:

Cost of goods available for sale = $300 + ($200 - $1,600)

Cost of goods available for sale = $300 - $1,400

Cost of goods available for sale = -$1,100

This does not make sense, as it implies that the company had negative inventory available for sale, which is not possible. This means that there must be an error in the given information.

We can try to calculate the purchases using the cost of goods sold and the change in inventory:

Purchases = Cost of goods sold - Decrease in inventory

Purchases = $1,600 - ($200 - $300)

Purchases = $1,600 + $100

Purchases = $1,700

Therefore, the cost of goods available for sale, or the inventory available for sale, was $300 + $1,700 = $2,000.

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A small stone is kicked from the edge of a cliff. Its x- and y-coordinates as functions of time are given by x = 19. 2t and y = 4. 12t − 4. 90t^2,where x
and y are in meters and t is in seconds. (Do not include units in your answer. ) Write a vector expression for the stone's position as a function of time (in m), using the unit vectors î and ĵ. (Give the answer in terms of t. )

Answers

To write the vector expression for the stone's position as a function of time, we first need to find the position vector r(t) at any given time t. The position vector is simply the vector that points from the origin to the stone's current position.

We can express the position vector as:

r(t) = x(t)î + y(t)ĵ

where x(t) is the stone's horizontal position and y(t) is its vertical position, and î and ĵ are the unit vectors in the horizontal and vertical directions, respectively.

Substituting the given functions for x(t) and y(t), we get:

r(t) = (19.2t)î + (4.12t - 4.90t^2)ĵ

So the position vector of the stone as a function of time is given by r(t) = 19.2tî + (4.12t - 4.90t^2)ĵ.

This vector expression tells us the stone's position at any given time t, in terms of its horizontal and vertical coordinates. We can use this expression to find the stone's position, velocity, and acceleration at any point in time, by taking the derivatives of the position vector with respect to time.

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HURRY PLEASE I WILL MARK BRAINLIEST (answer one by one please)

Lindsay needs to purchase a car. The car she wants to buy costs $8,000. She has saved $2,000 for her down payment. She is offered credit terms of 3% APR for a term of 3 years. Please calculate the following:

Blank 1: To purchase the car, what is the amount that Lindsay will need finance? (1 point)

Blank 2: In one year, how much interest will Lindsay pay on this loan? (1 point)

Blank 3: After three years, what will the actual/total cost of the car be in dollars? (3 points)

(down payment+amount financed+interest=actual cost of car)

Answers

Answer:

c

Explanation:

blank 1   400

blank 2 4800

blank three 8000

Explanation:

teheeheeee

John Park lives in Anytown, Missouri. He rents an apartment on Broad Street. He has one credit card with National Bank. He pays the balance on this every month, and he always stays within his $400 spending budget. In addition, he has one student loan, which he defers, since he is a full-time student. He has recently applied for a job at Happy Hamburgers.

Based on John’s profile, what information should he expect to find on his credit report? Check all that apply.

1. inquiries from his lenders, the apartment complex, and Happy Hamburgers
2. a note about delinquency from National Bank
3. a current account for his student loan
4. a current account with National Bank
5. a current account with Happy Hamburgers

Answers

Answer:

its 1,3,4,6

Explanation:

just told me on edg

is shift work involved for lawyers??

Answers

Answer:

I think so.

Explanation:

This may be depending on the job you have in the Lawyer Occupation, but because they must do different types of work and must go to several different clients, I would say yes. Sorry if this is wrong, but I hope it helps!

You plan to save for your retirement. Suppose that you have 30 years to work and save money and another 30 years after you retire. During retirement, you will need $5,000 at the beginning each month. (a) How much do you need to hold at the very beginning of your retirement? (b) How much do you need to save at the end of each month before retirement toward that amount in (a)? Assume interest is always at 5%.

Answers

To calculate the amount needed for retirement savings, we need to determine the lump sum required at the beginning of retirement and the monthly savings required before retirement. The lump sum is the present value of a stream of future payments, while the monthly savings is the annuity payment needed to accumulate the lump sum.

(a) To calculate the lump sum needed at the beginning of retirement, we can use the present value formula for an ordinary annuity. The future value is $5,000 per month for 30 years, and the interest rate is 5% compounded monthly. Using the formula, the present value is given by:

PV = FV / (1 + r)^n = $5,000 * [1 - (1 + 0.05)^(-30)] / 0.05 ≈ $628,895.41

Therefore, you would need approximately $628,895.41 at the very beginning of your retirement.

(b) To calculate the monthly savings required before retirement, we need to determine the annuity payment needed to accumulate the required lump sum over the 30-year working period. Again, using the present value formula for an ordinary annuity, we can rearrange the formula to solve for the annuity payment:

PV = PMT * [(1 - (1 + r)^(-n)) / r]

Rearranging the formula, we have:

PMT = PV * (r / (1 - (1 + r)^(-n))) = $628,895.41 * (0.05 / (1 - (1 + 0.05)^(-30))) ≈ $703.34

Therefore, you would need to save approximately $703.34 at the end of each month before retirement to accumulate the required lump sum.

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Which statement is true?
1. bank interest lower than inflation means more purchasing power.
2. Nominal rates are an accurate figure of purchasing power.
3. Real interest measures the power of the saved money.
4. Real interest is the rate quoted in loan and deposit agreements.

Answers

3. Real interest measures the power of the saved money. This statement is true.


What is real interest rate?

A loan's or deposit's interest rate that has been prorated for inflation is known as the real interest rate. It indicates the actual rise in buying power brought about by an investment after taking inflation into account. Subtracting the rate of inflation from the nominal interest rate yields the real interest rate. For instance, the actual interest rate would be 1% (3% - 2%), if a savings account pays 3% interest and the rate of inflation is 2%.

After accounting for inflation, this indicates that the savings account's buying power has grown by 1%. Inflation-related buying power loss is shown by a negative real interest rate, whereas a growth in purchasing power is indicated by a positive real interest rate. In other words, the real interest rate, which accounts for the effects of inflation, gives a more realistic picture of the underlying return on an investment or the true cost of borrowing.

Real interest rate is the nominal interest rate adjusted for inflation, and it reflects the true increase in purchasing power resulting from an investment. A positive real interest rate indicates that an investment has increased purchasing power, while a negative real interest rate means the investment has lost purchasing power due to inflation.

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two reasons why a business draws up a job description

Answers

Answer:

To describe duties of specific job and its requirements

FIRST ANSWER WILL BE NAMED BRAINLIEST
Which action would effectively and appropriately address a budget deficit?
A. reduce income
B. reduce expenses
C. apply for bankruptcy
D. apply for new credit

Answers

Answer:

It is letter B

Explanation:

Reducing expenses would effectively and appropriately address a budget deficit. Thus option B is correct.

What is the budget?

A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future finances in addition to anticipated revenues and expenditures. Calculating the company's earnings and costs for a set period of time is the procedure for creating a budget.

Increasing tax rates while decreasing government expenditures are the two apparent ways to minimize a budget deficit. the reduction of government spending and/or the raising of taxes, which results in either a rise in the primary surplus or a decrease in the budget deficit. greater taxes and less funding by the government. If public spending is lower than tax receipts, a budget surplus results.

Therefore, option B is the correct option.

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So if Dior made homemade lemonade from scratch, and sells it for $10 & she sells 35 cups of lemonade, & she made $45 but the ingredients cost $15 in total how much money would she have left?

Answers

Answer:

$30

Explanation:

dior should have $30 left

Answer:

45-15 gives you 30$.

Explanation: To simple... 45-5=40.

40-10=30. $30 is your finale total.

Olivia started her banking account with $100 and is increasing the account $20 per month. which function is correct?

Answers

If Olivia started her banking account with $100 and is increasing the account $20 per month then the function which shows the amount in bank account is f(x)=20x+100.

Given that bank account is started with $100 and is increasing the account $20 per month.

We are required to find the function which shows the amount in bank account of Olivia.

Function is like a relationship between two or more variables expressed in equal to form. The values that we enter in the function are known as part of domain and the values that we get from the function are known as part of codomain or range of function.

let the number of months be x.

Amount in bank account=

=Initial amount+ x*(amount deposited per month)

=100+20x

f(x)=20x+100.

Hence if Olivia started her banking account with $100 and is increasing the account $20 per month then the function which shows the amount in bank account is f(x)=20x+100.

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154. Career plateauing can be defined as a linear career progression without any levelling or downward movement. True False

Answers

False Career plateauing is a situation where employees experience a lack of upward mobility or opportunities for growth, leading to a feeling of stagnation.

It does not necessarily involve a linear career progression without any levelling or downward movement.

False. Career plateauing can be defined as a situation in which an employee experiences a lack of upward career mobility or opportunities for growth, leading to a feeling of stagnation or lack of progress in their career. It can involve a lack of challenging assignments, limited opportunities for promotion or advancement, or a lack of access to training and development programs. It is not necessarily a linear career progression without any levelling or downward movement.

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Bavarian Bar and Grill opened for business in November 2021. During its first two months of operation, the restaurant sold gift cards in various amounts totaling $5,200, mostly as Christmas presents. They are redeemable for meals within two years of the purchase date, although experience within the industry indicates that 80% of gift cards are redeemed within one year. Gift cards totaling $1,300 were presented for redemption during 2021 for meals having a total price of $2,100. The sales tax rate on restaurant sales is 4%, assessed at the time meals (not gift cards) are purchased. Sales taxes will be remitted in January. Required: 1. Prepare the appropriate journal entries (in summary form) for the gift cards and meals sold during 2021 (keeping in mind that, in actuality, each sale of a gift card or a meal would be recorded individually). 2. Determine the liability for gift cards to be reported on the December 31, 2021, balance sheet. 3. What is the appropriate classification (current or noncurrent) of the liabilities at December 31, 2021

Answers

1- Journal Entries: a. November 2021: Cash (or Accounts Receivable) $5,200 Gift Card Liability $5,200

b. December 2021: Cash (or Accounts Receivable) $2,100 Sales Revenue $2,000 Sales Tax Payable $80 Gift Card Liability $1,300

Gift Card Breakage Revenue $100 ($1,300 x 20%)

In November 2021, the restaurant received $5,200 in cash (or accounts receivable) from the sale of gift cards. This results in a liability for the restaurant as the gift cards are redeemable for meals within two years of the purchase date. In December 2021, customers presented gift cards with a total value of $1,300 to pay for meals that cost $2,100. Since the meals were sold in December, the restaurant collected 4% sales tax on the meals ($2,100 x 4% = $80). The $2,000 ($2,100 - $80) received from the customers is recorded as sales revenue, and the sales tax collected is recorded as a liability until remitted in January. The liability for the unredeemed gift cards at the end of the year is $1,300 ($5,200 - $2,100) and is recorded as a liability. The restaurant also recognizes $100 of breakage revenue ($1,300 x 20%) since experience within the industry indicates that 80% of gift cards are redeemed within one year.

2- Liability for Gift Cards:

The liability for gift cards to be reported on the December 31, 2021, balance sheet is $1,300.

3- Classification of Liabilities:

The liability for gift cards should be classified as current liabilities on the December 31, 2021, balance sheet since they are expected to be redeemed within one year.

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In which countries do people prefer discussing business during meals?​

Answers

Answer:

china

Explanation:

if your traveling to china on business do not discuss business during meals .

Answer:

Always send a thank-you note following a hosted meal.in Philippines

easy career question above

easy career question above

Answers

The answer is A I think

Your opening a small toy store. Identify three decision about inventory you would need to buy in your first year of operation. What type of information, if any would you want or need to have available in you accounting information system to help you make each of those decisions?

Answers

Your main focus should be towards what kind of toys kids demand or you should have proper supply or not.

There are three inventory decisions you would need to make throughout your first year of business :

1. The most crucial decision you must make is how many new toys should be bought to satisfy expected demand for the product. Sales will be lost if you order too little, and profits will be decreased if you order too much due to the low pricing offered during clearance sales.

2. The second most crucial decision you must make is to keep your toys up to dated according to kids interest.

3. The third most important decision not to move towards higher return in your first year by offering less price than M.R.P.

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Convenience goods like Coke are available almost everywhere in the United States. Thus, Coke uses ______ distribution:

Answers

Convenience products like Coke are available almost everywhere in the United States. Thus, Coke uses intensive distribution, which is related to the strategy of making the product available at many different retailers.

This is a marketing strategy widely used by companies that supply non-durable consumer goods, which are those that are consumed quickly, such as food, beverages and medications.

Therefore, non-durable goods such as Coke need to be replenished quickly, justifying the company's intensive distribution strategy, which makes its products easily available to consumers, increasing its profitability and positioning.

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PLEASE HELP WITH THIS DISCUSSION

Labor unions have an important place in American history, and opinions about them vary significantly from person to person. Given the opportunity, would you join a labor union? Why or why not? What do you know about labor unions that would help you make that decision?

Answers


Labor unions emerged in the United States during the Industrial Revolution when workers faced unsafe working conditions, long hours, and low pay. Unions gave workers the power to negotiate better wages, benefits, and working conditions through collective bargaining.

If you are considering joining a union, it is important to research the benefits and drawbacks of union membership. Some benefits of being in a union include job security, better pay and benefits, and protection against workplace discrimination. However, unions can also have drawbacks such as mandatory union dues, potential conflicts with management, and the possibility of strikes or work stoppages. Ultimately, whether or not to join a union is a personal decision that depends on your individual circumstances and values.

If you are considering joining a union, it may be helpful to research the union's history, reputation, and current activities to determine if it aligns with your goals and values.
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can a 14 year old work? where?

Answers

Answer:

Yes!!

Explanation:

They can work at Chick-Fil-A!!

They can be a babysitter

wash cars

and more!

FILL THE BLANK.
Mere possession of a billy club is a felony under the dangerous weapons control statutes. Any person who sells a BB gun to a person under ___ years old is guilty of a _____________.

Answers

The possession of a billy club is a felony under dangerous weapons control statutes, while selling a BB gun to a person under a 18 years of age age is considered a criminal offense.

Under dangerous weapons control statutes, the mere possession of a billy club is classified as a felony offense. A billy club is a type of weapon typically consisting of a heavy, often cylindrical object, such as a wooden stick or metal rod, used for self-defense or as a weapon. Possessing a billy club is illegal under these statutes, indicating the severity of the offense.

Additionally, the sale of a BB gun to a person below a certain age is considered a criminal act. A BB gun is an air-powered gun that shoots small metal or plastic pellets, commonly referred to as BBs.

The specific age threshold for the prohibition may vary depending on local laws and regulations. Selling a BB gun to someone below this age limit is regarded as a violation of the law, highlighting the need to regulate the sale and possession of such firearms, particularly in the context of minors.

These regulations aim to ensure public safety and prevent the misuse of potentially dangerous weapons. By criminalizing the possession of billy clubs and regulating the sale of BB guns to minors, the statutes serve as measures to mitigate the risks associated with the possession and use of such items.

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Which statement explains a reason why the United States relies more heavily on expensive, high-tech medical treatments as compared to European countries

Answers

The main reason why the U.S. relies more on this is because the its health care costs are paid from a mixture of sources which leaves no single source primarily responsible for controlling health care costs.

In Europe, the countries does not rely more heavily on expensive and high-tech medical treatments as United States does.

In conclusion, the main reason why the U.S. relies more on this is because the its health care costs are paid from a mixture of sources which leaves no single source primarily responsible for controlling health care costs.

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One of the properties that makes copper, cu, useful for household wiring is its ability to conduct electricity. Which other element is most likely to conduct electricity?

Answers

Silver is the other element in this scenario which will most likely conduct electricity.

What is a Conductor?

These are elements which permit electrons to flow freely from particle to particle.

Metals such as Silver and copper are referred to good conductors of heat and electricity thereby making it the most appropriate choice.

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Answer:

I believe that the answer you are looking for is Gold

Explanation:

If you and I have the same question, the answer choices are Gold, Bromine, Radon, and Nitrogen, correct? Radon and Nitrogen are gasses, so that's an automatic no, and Bromine is a bad conductor, so that leaves Gold as our answer. I hope this helps!

Which element of design can be used to create emphasis or de-emphasis on a garment? a space b shape c line d texture please answer this question before moving on.

Answers

Emphasis is the phase of the format that catches the viewer's attention. Usually the artist will make one area stand out by using contrasting it with other areas.

The location should be one-of-a-kind in size, color, texture, shape, etc. Movement is the course the viewer's eye takes through the work of art, often to focal areas.

How do you create emphasis in design?

Three factors of art: color, value, and texture, are beneficial in creating emphasis through contrast. Using texture in solely one spot or placing a light object in an otherwise dark environment will attract the interest of the viewer.

What system is used for emphasis?

Still, specially for academic writing, italics or underlining is the favored way to emphasize phrases or phrases when necessary. Writers generally choose one or the different approach and use it constantly throughout an person essay. In the final, posted version of an article or book, italics are generally used.

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Benny answers questions when he begins car shopping at the mall, three months after he has had his new car, and then a year later. The specific type of survey Benny was involved with was most likely a _____. longitudinal study mall-intercept interview ad-hoc mail survey customer satisfaction survey

Answers

Usage of a vehicle which is a car in the given case and its satisfaction measurement is known by doing option (D): "Customer Satisfaction Survey".

Why is the Customer Satisfaction Survey used?

Customer satisfaction surveys provide detailed information regarding positive and negative opinions, which can help marketers and salespeople improve their efforts.

A customer satisfaction survey may be ineffective unless it generates statistical data that can be analyzed scientifically.

Small business owners utilize customer satisfaction surveys to measure how their organization is viewed by the customers they serve.

A customer satisfaction survey is a marketing tool that companies use to determine how satisfied their customers are with their brand.

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are these the right key words for the definitions?

are these the right key words for the definitions?

Answers

Answer:

yes because the definition match the words given

PLZ ANSWER ASAP!

Imagine you are on the other side of the playing field and you are the one interviewing someone for a job at your company. What are the top three things that you would look for or hope to hear the interviewee say? Why?

Answers

You have the experience to do the job

You work well with other

You are motivated

Because you can’t hire someone who is not motivated and doesn’t know how to communicate and work with others
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An astronomical telescope is used to view distant stars. How does the angle between the just-resolvable light from two stars differ if the average light from the stars is red or if it is blue?. what's the devil's arithmetic difference between novel and film? if a researcher wishes to conclude something about a population from a sample, it is best that the sample be what conditions are required in order for two molecules of ethylene to undergo a cycloaddition reaction to give cyclobutane? A solution of the ionic saltNH4Cl would havepH.ABan acidica basica neutral Given: Quadrilateral DEFG is inscribed in circle P.Prove: mD+mF=180 If a consumer buys flour because he loves baking, the flour is counted as part of GDP. If a bakery buys flour as an input to bake things in order to sell, the flour is not counted as part of GDP. Briefly explain why we treat these purchases differently. Two baskets, one at each end of the court, hang _________ feet above the floor. 681012 What is the domain and range of the equation y = 6/(x+2) + 4? 2b-3b-2=0Solve by factoring hydrolysis is more common in a(n) _____ climate Identify the sentence containing the correct use of commas.A) My father, the man in the red hat, can juggle five oranges.B) The carnival the biggest one in our city, each year, attracts people from all over the state.C) The flock of chickens, I raised for my 4-H club project, won a red ribbon.D) By the end of the day, my sister and I, were tired but proud. 100 kj of energy is introduced to your cell phone while it charges but 10 kj of energy is lost in the process as heat given off to the surroundings. what is e for the system? About 58,000 people live in a circular region with a 2 mile radius. Find the population density in people per square mile.I NEED HELP QUICK!!!!!! a/2(b+c)(d-e)^2 if a=-10, b=10, c=9, d=2, e=5 CAN YOU PLEASE HELP ME WITH THIS QUESTIONS Which words and phrases from the text help establish the overall subject of the poem? check the three boxes that best apply. i harbor for good or bad, i permit to speak at every hazard and what i assume you shall assume how could i answer the child? i answer that i cannot answer, you must find out for yourself. the spotted hawk swoops by The potential of a voltaic cell (Ecell) is calculated based on several variables. Identify from the list below the values you would need to determine the cell potential. a. number of electrons, n b. density of metal, rho c. coefficients from balanced redox equation (various) d. temperature, T e. Gibbs free energy change, G f. enthalpy change, H g. reduction potential, Ered If the government sets a price ceiling on dog food that is below the equilibrium price, _______. A. a surplus of dog food occurs B. new firms enter the industry to meet the increase in demand that results from the decrease in price C. a shortage of dog food occurs D. existing firms in the dog food industry expand production to meet the increase in the quantity demanded Active listening and unconditional positive regard are key techniques used inSelect one:a. psychoanalysis.b. person-centered therapy.c. cognitive therapy.d. behavior therapy.