1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lesya692 [45]
3 years ago
12

What is the difference between a price floor and a price ceiling?

Social Studies
2 answers:
andreyandreev [35.5K]3 years ago
7 0

The correct answer is A.

Both are manners through which the economic authorities intervene in the markets aiming to amend the equilibrium price reached by the free interactions of the economic agents, when they consider that the market outcome is not fair for all the participants.

When a price floor is located above the equilibrium price, prices cannot decrease below that threshold and cannot reach the 'unfair' equilibrium allocation. On the other hand, a price ceiling located below the equilibrium price prevents price from increasing above the threshold, and prices again cannot reach the 'unfair' equilibrium price.

Sedaia [141]3 years ago
4 0
The answer would be A
You might be interested in
What may have
Savatey [412]

Although it is often claimed that Christians were persecuted for their refusal to worship the emperor, general dislike for Christians likely arose from their refusal to worship the gods or take part in sacrifice, which was expected of those living in the Roman Empire.

6 0
3 years ago
A friend of yours is doing a term paper to compare the infant mortality rates in the United States, Japan, Bolivia,and Pakistan.
Vaselesa [24]

Answer: The Demographic Yearbook.

Explanation: Demographic Yearbook contains the collection of the official statistics about a variety of topics having a large range. They usually contain the knowledge about the status of the birth, death, population ,etc on yearly basis. They also represent the issues that  arise according to the statistic such as education activity,economic rate,mortality rates, etc.This statistics has been collected from the United Nations .

6 0
3 years ago
Those who perceive an internal locus of control believe that
MA_775_DIABLO [31]
They are in charge of their own desitiny. They can overcome any obstacles, they just need to work harder, or be smarter.
7 0
3 years ago
​in order to demonstrate the extent to which classical conditioning can be a factor in the development of a serious phobia, john
nadezda [96]
(c.) a young boy was taught to fear a white rat.

<span>Little albert was subject in John Watson's experiment to prove classical conditioning principles, especially the generalization of fear. Rosalie Rayner was graduate student of Watson and co-researcher for the famous Little Albert demonstration of classically conditioned emotion in which baby was taught to fear a white rat.</span>



6 0
3 years ago
If a psychologist wanted to compare 6-year-old and 10-year-old children on recognition memory performance, the psychologist woul
GenaCL600 [577]
The psychologist would use the cross sectional method. Is a method of which the researcher uses subjects in the same time and uses these subjects for his or her research in which they compare them to obtain results. It could be seen above as the psychologist has two children who are needed to be compared in the same time. That is why it is considered that he or she uses the cross sectional method.
6 0
3 years ago
Other questions:
  • How did trade along the Silk Road influence mathematics throughout Eurasia?
    10·1 answer
  • If warmly supportive parents are especially likely to have children with high self-esteem, this would most clearly indicate that
    8·2 answers
  • Scarcity implies that: consumers would be willing to purchase the same quantity of a good at a higher price. it is impossible to
    5·1 answer
  • Research suggests that early childhood teachers are more accepting of girls' cross-gender behaviors and explorations than they a
    7·1 answer
  • What information security position reports to the CISO and supervises technicians, administrators, and security staff?
    5·1 answer
  • Scientific inquiry often begins with developing a hypothesis is this true or false
    7·1 answer
  • When Roger Williams established the colony of Rhode Island:
    14·1 answer
  • The Sierra Nevada mountain range and the island of Jamaica are both popular tourist destinations. Since February is a good month
    13·1 answer
  • What did President Gerald Ford do that was so controversial early in his administration? A. He pardoned former President Nixon.
    14·2 answers
  • In the feudal system, those who farmed the land on a lord’s manor were called yeomen
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!