Answer:
The answer is conventional reasoning.
Explanation:
Lawrence Kohlberg's stages of moral development are considered an adaptation concerning a psychological theory that was established by psychologist Jean Piaget. Kohlberg also began to work in aspects related to this topic in 1958 and he continued studying it throughout his life.
The conventional level of moral reasoning is usually seen in adolescents and adults. Reasoning in a conventional way implies to judge actions' morality through the comparisons between them and the aspects related to views and expectations in society. An important characteristic concerning conventional morality consists of the acceptance of society's conventions about what is wrong and what is right.
For the answer to the question above asking at $5 a bushel, there is an excess supply of wheat. is this price above or below the equilibrium price?
I think it is a price floor above the equilibrium price.The price is too high so that the suppliers will produce more than the consumption.
