The correct answer is: "
considered to be doing business on the black market".
Rationing takes place when a certain market (for example, appartment market) is not in equilibrium and there is an excess of demand hence, the amount demanded of such product is larger than the number of units that are supplied.
If price variations are not allowed under a certian economic system, the price of the product cannot rise and the equilibruim in this market cannot be restored. Therefore, the available units of the product are allocated among the consumers by using a rationing mechanism that establishes certain rules to state which of those consumers would receive the product first, who go next and who cannot have it at all.
If some of the consumers violates the established rules and <u>offers a higher price (which is not allowed), it evidences the emergence of black market practices that circumvent the rationing mechanism. </u>
Answer:
Eight
Explanation:
Out of a total of 12 landing attempts on mars from different space agencies, only eight have been successful.
Answer:
Marxism is a political ideology that calls for central planning of the economy.
As said in the reading Shi Nuowei built a cemetery for foreign merchants to be buried in a safe spot and they won’t have to worry about being able to be buried according to the requirements of their own religions.
The kindness of Shi helped with promoting overseas trade and encourage more foreigners to come to Quanzhou, where they could live and conduct their business in harmony. As said in the reading
He is trying to show how this is a good place for foreigners so he is only showing what good things there are and disregards the bad things.
Amendment 21 repealed Amendment 18
