Answer:
It lead to the California electricity crisis.
Explanation:
The deregulation of California's electricity market make private businesses have large influence within the electricity market.
At that time, several companies in the electricity market conducted a market manipulation. They cooperate together to hijack the price of the electricity, making it more expensive that it supposed to be. Since many people couldn't afford the new price, Many companies and household were forced to be very frugal about the use of their electricity. This what caused the Electricity Crisis.
When used<span> correctly, </span>economic theories<span> can give us mental models to make better everyday decisions.</span>
Option D
An example of a price floor is the minimum wage.
<h3><u>
Explanation:</u></h3>
A price floor is the most economical price that one can lawfully settle for remarkable goods or assistance. Possibly the best-known case of a price floor is the minimum wage, which is based on the way that someone running the whole time should be capable to yield a necessary standard of living.
Price floors are seldom termed as “price supports,” because they promote a price by restricting it from dropping under a certain level. When a price floor is fixed beyond the equilibrium price, the quantity provided will exceed the quantity required, and excess supply or excesses will result.
Answer:
The president of the Unites States during Civil War was
C: Abraham Lincoln
Explanation:
Hope it helps
Answer:
bro
..Land is undoubtedly the most important natural resource in Africa. Its importance transcends economics into a breadth of social, spiritual, and political significance. ... Included here are natural resources such as copper, diamonds, gold, and iron...pls follow
