Price ceilings prevent a price from rising above a certain level. When a price ceiling is set below the equilibrium price, quantity demanded will exceed quantity supplied, and excess demand or shortages will result. Price floors prevent a price from falling below a certain level.
Answer:Lucy has plagiarize or has committed plagiarism
Explanation:
Even though Lucy has changed few words but still this is someone else's idea .
When one takes something from the internet or from any other source which is written by someone else they should read it , try to understand the meaning and write it in their own words .
Even after one has written the information in their own words they still need to acknowledge that the idea was taken from someone else's work .
They will do this by citing the author within their writing and references will be written at the end of their writing .
<span>A natural monopoly is a type of monopoly that exists as a result of the high fixed costs or startup costs of operating a business in a specific industry. Additionally, natural monopolies can arise in industries that require unique raw materials, technology or other similar factors to operate.</span>
I believe the answer is: hindsight bias
Hindisight bias refers to mindset that make a person beleive that a certain event is predictable even if they have no objective measurement to make the prediction. Hindisight bias generally created by either memory distortion or self fulfilling prophecies.
