Early in 2021, the excalibur company began developing a new software package to be marketed. the project was completed in december 2021 at a cost of $78 million. of this amount, $52 million was spent before technological feasibility was established. excalibur expects a useful life of five years for the new product with total revenues of $130 million. during 2022, revenue of $39 million was recognized.

answer target market;

answer when little or no data is available;

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.