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allochka39001 [22]
3 years ago
14

You have responsibility for economic policy in the country of freedonia. recently, the neighboring country of sylvania has cut o

ff all exports of oranges to freedonia. george, who is one of your advisors, says that the best way to avoid a shortage of oranges is to take no action at all. charles, another one of your advisors, argues that without a binding price floor, a shortage will certainly develop. otto, a third advisor, suggests that you should impose a binding price ceiling in order to avoid a shortage of oranges. which of your three advisors is most likely to have studied economics?
Business
1 answer:
andrey2020 [161]3 years ago
3 0

Answer:

George

Explanation:

Both price ceilings and price floors can cause economic shortages, because they are government imposed distortions to prices. In other words, they do not allow prices to adjust supply and demand.

George knows this because he is probably an economist, and that is why he does not recommend neither price ceilings nor price floors.

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laila [671]

D is the answer.

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Suppose that Marlen Fisher has legal protection against anyone producing and selling a fishing lure specifically named "MarFish.
ipn [44]

Answer: patent

Explanation:

A patent is given by the government

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Which are the best examples to use in a career portfolio?
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Suppose that you enter into a short futures contract to sell July silver for $17.20 per ounce. The size of the contract is 5,000
ivanzaharov [21]

Answer:

$0.20

Explanation:

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