A price ceiling is a government- or group-imposed price control, or limit, on how high a price is charged for a product, commodity, or service. Governments use price ceilings to protect consumers from conditions that could make commodities prohibitively expensive. Such conditions can occur during periods of high inflation, in the event of an investment bubble, or in the event of monopoly ownership of a product, all of which can cause problems if imposed for a long period without controlled rationing, leading to shortages.[1] Further problems can occur if a government sets unrealistic price ceilings, causing business failures, stock crashes, or even economic crises. In unregulated market economies, price ceilings do not exist.
While price ceilings are often imposed by governments, there are also price ceilings which are implemented by non-governmental organizations such as companies, such as the practice of resale price maintenance. With resale price maintenance, a manufacturer and its distributors agree that the distributors will sell the manufacturer's product at certain prices (resale price maintenance), at or below a price ceiling (maximum resale price maintenance) or at or above a price floor.
Answer:
c.
Explanation:
Based on the information provided within the question it can be said that the sociological theory that is being described is called symbolic interactionism. This theory states that focuses on the relationships among individuals within a society as well as how they make sense of one another and the social world in which they live in.
Farm-city Compromise, also known as farm bill compromise.
It is a bipartisan agreement designed to reduce the amount of money spent by the government on agricultural subsidies while achieving more productivity.
Farm city compromise is expected to save about $23 billion in 10years.
It is also expected to increase the level of safety in Agriculture while increasing the job opportunities in the sector.
Hence, in this case, it is concluded that Farm - City Compromise in the United States is geared towards economic success.
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I believe the answer is: <span>people's recall may easily be affected by misleading information.
Films and accidents tend to happen really fast and even the witness near the crime scene couldn't fully grasp how and why the situation happened.
As it turned out, when they're asked about the situation, they tend to filled in the blanks with made up personal's opinion or other people's misleading information.</span>
