Answer:
price floor, causing excess supply in the market.
Explanation:
A number of states have a minimum wage that is higher than the federal minimum. In those states that impose such a minimum wage, it is more likely that the minimum wage acts as a binding price floor, causing excess supply in the market.
A price refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered. The price of goods and services are primarily being set by the seller or service provider.
Price control can be defined as standard restrictions or regulatory conditions that are typically set and enforced by the government of a country.
This ultimately implies that, price controls are used to impose the minimum and maximum prices set by the government, which are to be charged for various goods and services in the market. This minimum price that can be charged such as minimum wage is known as price floor while the maximum price that can be charged such as rent control is known as price ceiling.
Answer:
The correct answer is B. Joint Operations Center.
Explanation:
The Joint Operations Center (JOC) is the internal organ that works in the event of terrorist threats; investigations are carried out there and the response is also coordinated by the police in order to resolve the threats or incidents that arise.
A private companies operating without government interference
Explanation:
Answer:
based on government control- command
of resources and production
based on traditions and customs- traditional;
based on the forces of supply and demand- market
based on price rationing and includes- mixed
some government involvement
Explanation:
i dont cap