Answer:
Imagine you have an orange. This is your imaginary Earth. When you look at it in any direction, you won’t be able to see all sides of it. But when you peel the orange, flatten and stretch it out, you can begin to see everything.
Similarly, a map projection is a method by which cartographers translate a sphere or globe into a two-dimensional representation. In other words, a map projection systematically renders a 3D ellipsoid (or spheroid) of Earth to a 2D map surface.
Explanation:
<h3><u>Answer</u>;</h3>
Price floor
When the government sets a price for wheat that is above the equilibrium price, it is imposing a<u> price floor</u>.
<h3><u>Explanation</u>;</h3>
- <u>Price floors prevent a price from falling below a certain level. When a price floor is set above the equilibrium price, quantity supplied will exceed quantity demanded, and excess supply. </u>
- <u>Price control </u>occurs when the government laws regulate prices instead of letting market forces determine prices.
- <u>Price ceilings</u> prevent a price from rising above a certain level.
