Answer:
A binding price floor is set above the equilibrium price as a minimum price
A binding price ceiling is set below the equilibrium price as a maximum price
Equilibrium price is $1.50
a) The government prohibits donut shops from selling donuts for more than $1.10 each = Price ceiling and it is Binding
b) The government has instituted a legal minimum price of $1.80 each for donuts = Price Floor and it is Binding
c) Due to new regulations donut shops that would like to pay better wages in order to hire more workers are prohibited from doing so = Price ceiling and it is non-binding (as firms are wiling to offer higher wages than the minimum wage rate)
Explanation:
Answer:
At times, trade embargoes work because they can <u>contribute to more peace and stability</u>, and they can even prevent the debilitation of human rights violations, terrorism, aggression and nuclear threat. However, long term restrictions can be quite damaging and aggravate poverty and the standard of living for civilians.
Explanation:
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Answer:
D. is a hobby
Explanation:
According to my research on the English language, I can say that based on the information provided within the question the correct statement for this question would be "is a hobby". Therefore the whole correct sentence would be "Stamp collecting is a hobby sometimes used in the schools to teach economics and social studies."
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The correct answer is letter B
Olfactory sense is one of the five senses through which odors are perceived. The nose, equipped with olfactory nerves, is the main organ of smell. The olfactory nerves are also important to distinguish the taste of substances that are inside the mouth.
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In the nasal cavities, the particles dissolve in the mucus, reaching the olfactory hairs of the olfactory cells. In these, the odor is transformed into nerve impulses, which are transmitted by their axons to the olfactory bulb, followed from this to the brain by the olfactory nerve.
Transduction is a transformation of physical or chemical stimuli into electrical potential by sensory receptors. Whether neuronal or secondary sensory cells, all highly specific.