Why does a surplus exist under a binding price floor? it encourages sellers to produce less of the product. it encourages buyers to purchase more of the product. it makes the price so high that the quantity supplied exceeds the quantity demanded in the legal market. it makes the price so low that the quantity demanded exceeds the quantity supplied on the legal market. it discourages sellers from increasing the quality of the product they sell, which, in turn, increases the quantity demanded.

Arival company manufactures fuel tanks for cars using a different production technique. the total weekly cost (in dollars) of producing x tanks is given by c(x) = 10000 +90x - 0.04x2 find the marginal cost at a production level of 500 fuel tanks per week to approximate the cost of the 501st unit (round to the nearest 2 decimal places, if needed)

What two elements normally must exist before a person can be held liable for a crime

1. what must one do to perform the essential managerial task of controlling in achieving organizational goals? a. motivate, coordinate, and energize individuals and groups to work together to achieve organizational goals b. choose appropriate organizational goals and courses of action to best achieve those goals c. establish task and authority relationships that allow people to work together to achieve organizational goals d. establish accurate measuring and monitoring systems to evaluate how well the organization has achieved its goals