Answer:
no surplus or shortage
Explanation:
Equilibrium price is the price at which quantity demand equal quantity supplied. Above equilibrium price there is a surplus - quantity supplied exceeds quantity demanded.
Below equilibrium price there is a shortage - quantity demanded exceeds quantity supplied
If demamd increases by 100, new equilibrium is 40
Thus, ceiling price equal equilibrium
Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
Effects of a binding price ceiling
It leads to shortages
it leads to the development of black markets
it prevents producers from raising price beyond a certain price
It lowers the price consumers pay for a product. This increases consumer surplus
Thats tricky because its free money so you can get it even if you are financially stable. as long as you fill out the fafsa form and your info is right you can see how much you eligible for
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option a is correct because Outlining will help construct and organize ideas in a sequential manner and thoughtful flow. Doing so allows you to pick relevant information or quotes from sources early on, giving writers steady foundation and groundwork when beginning the writing process.
She looks for computer as ordinary home appliance. So she used standard model of choosing the things needed for everyday home use.
Answer:
Not engage or involve in the critical thinking
Explanation:
Critical thinking is the term which is described as the ability or the potential for examine the information objectively and make or take a reasoned judgment. This comprise of the evaluation of the sources like the facts, research findings, data and observable phenomena.
In this situation, the corporation, is interested in improving the quality and also reduce the bias when the taking decisions of the non- programmed. So, they should not involve in the critical thinking instead take action.
