In the cleveland custom cabinets case, the owner of the company thought it was all right to manipulate the financial statement numbers primarily because: - he wanted to improve earnings to increase the share price of company stock - the treatment recommended by the owner for estimating overhead conformed to gaap - he got approval from the auditors - he was the sole owner of the company and controlled the board of directors

the answer is d

explanation:

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.