Answer:
have direct control over?
Question:
Suppose the government has imposed a price ceiling on cellular phones. Which of the following events could transform the price ceiling from one that is binding to one that is not binding? a. Cellular phones become more popular. b. Traditional land line phones become more expensive. C. The components used to produce cellular phones become more expensive. @ A technological advance makes cellular phone production less expensive.
Answer:
.A technological advance makes cellular phone production less expensive.
Explanation:
Government could in consideration of the product's lower production cost, opt to adjust the price ceiling.
What's the rationale behind this?
The decrease in production cost for cellular phones means the industry can afford to produce and sell at lower price(maybe even lower) than the price ceiling. This would mean that businesses in this industry may be charging incredibly high prices compared to cost of production and still not hit price ceiling. Therefore government may need to lower price ceiling to suit current cost of production.
Deregulation of media that took place in 1980s particularly contributed to the success of televangelist Jerry Falwell in the following ways:
It led to the increased broadcasting of the religious content through media.
The Gospel music became known to the newer generation through Tv broadcasters such MTV.
Even the local broadcasters now showcased more interest in religious content.
All in all this lead to a new revolution in the field of religious awareness which was to benefit Jerry Falwell in the long run.
To know more about Jerry Falwell
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Answer:
c. Under Original Medicare, there is a single deductible amount due for the first 60 days of any inpatient hospital stay, after which it converts into a per-day amount through day 90. After day 90, he would pay a daily amount up to 60 days over his lifetime, after which he would be responsible for all costs.