<span>one result of international trade is that it creates new markets</span><span>
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Answer:
d) (ii) and (iv) only
Explanation:
A price ceiling is usually set by the government or an agency of the government. A price ceiling limits how high producers can sell their product. It sets the maximum price that can be charged for a good or service.
For a price ceiling to be effective, price has to be set below equilibrium price.
Because price is less than equilibrium price, the profits of producers would fall and producers would reduce supply. This would lead to an excess of demand over supply. This is known as a shortage.
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Answer:
B) the rules, orders, and decisions of the Consumer Product Safety Commission.
Explanation:
Administrative law refers to the laws that govern and regulate the activities of federal government agencies. Administrative law helps protect citizens rights when they engage in activities with the agencies. It also covers all the regulations, rules and orders that the agencies establish. Administrative law is a part of public law.
A) you own a home
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