our answer is partially correct. Try again. National Express reports the following costs and expenses in June 2020 for its delivery service. Indirect materials $7,100 Drivers’ salaries $16,500 Depreciation on delivery equipment 11,600 Advertising 5,300 Dispatcher’s salary 5,610 Delivery equipment repairs 440 Property taxes on office building 970 Office supplies 690 CEO’s salary 12,900 Office utilities 1,050 Gas and oil for delivery trucks 3,100 Repairs on office equipment 270 Determine the total amount of (a) delivery service (product) costs and (b) period costs. Delivery service (product) costs $ Period costs $

answer; buying the bill at a discount from the face value to be received at maturity;

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.