Which statement best describes competence as defined in the aicpa code of professional conduct? infallible judgment that cannot subsequently be called into question. the application of skill and knowledge with reasonable care and diligence. possessing an advanced college degree in the relevant subject matter. rigid adherence to the professional standards of engagement performance.

b. condominum i think

answer/// there is an inverse relationship between price and quantity demanded;

what is the actual question i have no idea how to answer this w/o a question

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.