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Sladkaya [172]
4 years ago
7

The graph shows the price of a good compared to the quantity demanded and the quantity supplied. On this graph, the top horizont

al line represents
Social Studies
1 answer:
xz_007 [3.2K]4 years ago
3 0
<h2>Answer choices are:</h2>

A) An ineffective price floor set above equilibrium

B) An effective price floor set below equilibrium

C) An ineffective price ceiling set above equilibrium

D) An effective price ceiling set below equilibrium

<h3>Answer:</h3><h2>A. An ineffective price floor set above the equilibrium.</h2><h3>Explanation:</h3>

A price floor is the lowest possible price at which a certain type of good is sold at. This is usually set by the government so as to keep the rate of goods from decreasing below a certain point. This price floor is indicated by a horizontal line on the graph above the intersection of the supply and demand curves.

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The three main issues that arose at the debates during the Constitutional Convention include: slavery, Congressional Representation (in favor of big or small states), and the new Executive branch.

Smaller states and larger states debated over representation in Congress and put forth the New Jersey plan (in favor of smaller states) and the Virginia plan (in favor of smaller states). States debated whether representation should be decided by state wealth, size, and/or population. Also debated was the issue of slavery. Many southern state economies depended on slaves and slave labor, yet many northern states asserted that slavery was unconstitutional and/or immoral. States also debated on the amount of power that should be given to the executive branch, the length of presidential terms, and how the president would be elected.

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When there is a shortage, producers raise the price of the good so that demand will be lowered.
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If the statement above asks if it is true or false, the answer would be true. It is because when there is a presence of shortage, they will put a high price, in order for the demand, in which those consumers who could afford it and want it, bought it, making the demand lower for the ones who could only take the product that had set in a high price would be the consumers who could afford them. It could also be called a marketing technique in order for the producers to sell their product.
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3 years ago
Help please! ill mark brainliest if correct.
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The third one, they found loopholes and were able to keep all their money from the government

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economic conditions and interests in each region varied

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