1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Shkiper50 [21]
2 years ago
12

Suppose the price of wheat is set at $5 a bushel and not allowed to decrease. This price is above the equilibrium price, which c

auses a surplus of wheat in the marketplace. This situation describes a _____.
price floor
price ceiling
Business
2 answers:
emmainna [20.7K]2 years ago
6 0

Answer: Suppose the price of wheat is set at $5 a bushel and not allowed to decrease. This price is above the equilibrium price, which causes a surplus of wheat in the marketplace. This situation describes a <u>PRICE FLOOR.</u>

Explanation: Price floor: Government practice consisting in setting a price above the market price; It tends to benefit producers. For this measure to be effective, means must be administered to absorb surplus production.

Talja [164]2 years ago
3 0

Answer: it is price floor

Explanation:

5$ is the lowest the price can go because they will NOT set it any lower, but it can go higher from there.

i took the testtoo, i got it correct.

floor is the lowest price, ceiling is the highest.

You might be interested in
Which document puts you at the LEAST risk of identity theft?
Radda [10]
Cash receipts put you at the least risk of identity theft. They contain absolutely nothing useful for those who would like to steal your identity and are completely anonymous.
6 0
3 years ago
Read 2 more answers
How does brainstorming improve the final product
sveta [45]
It gives you more ideas to make the final product better than what it original product
6 0
3 years ago
__________________ has always been a feature of the Taiwanese economy, but experts warn that the _______________ _______________
liubo4ka [24]

Statistics

Exports $318 billion (2014 est.)

Export goods Electronics, flat panels, ships, petrochemicals, machinery; metals; textiles, plastics and chemicals (2014)

Main export partners China 27.1% Hong Kong 13.2% United States 10.3% Japan 6.4% Singapore 4.4% (2012 est.)

Imports $277.5 billion (2014 est.)

4 0
3 years ago
Which person(s) should decide upon the problem statement the team will be working toward? The team’s leader
Basile [38]
<span>Which person should decide upon the problem statement the team will be working toward? All group members. All group members should be working towards the problem statement, problems, and anything resulting a team project. The project is in a team format for a reason, so that everyone works together.

</span>
8 0
3 years ago
Those who are working are defined as_____ (one word) and those who are not working but actively seeking work are defined as____
Nat2105 [25]

Those who're running are described as hired and people who aren't running however actively in search of paintings are described as unemployed.

The required details for Unemployment in given paragraph

Unemployment, in keeping with the OECD now no longer being in paid employment or self-employment however presently to be had for paintings all through the reference period. Unemployment is measured through the unemployment rate, that's the range of those who are unemployed as a percent of the hard work force (the overall range of humans hired introduced to the ones unemployed). Unemployment and the fame of the financial system may be stimulated through a rustic thru, for example, financial policy. Furthermore, the financial authority of a rustic, along with the relevant bank, can have an impact on the supply and price for cash thru its financial policy. In addition to theories of unemployment, some categorizations of unemployment are used for extra precisely modelling the consequences of unemployment within side the financial system. Some of the principle styles of unemployment include structural unemployment, frictional unemployment, cyclical unemployment, involuntary unemployment and classical unemployment.

Structural unemployment specializes in foundational troubles within side the financial system and inefficiencies inherent in hard work markets, which include a mismatch among the deliver and call for of people with important talent sets. Structural arguments emphasize reasons and answers associated to disruptive technologies and globalization.

To know about Unemployment click here

brainly.com/question/22741851

#SPJ4

8 0
1 year ago
Other questions:
  • Kahn Company paid $240,000 to purchase a machine on January 1, Year 1. During Year 3, a technological breakthrough resulted in t
    13·1 answer
  • The decisions you make at work typically have obvious answers.
    14·2 answers
  • What financial behaviors will typically lead to a low credit score?
    7·1 answer
  • How, specifically, do equal employment laws apply to personnel recruiting activities?
    12·1 answer
  • The short-run average total cost curve is U-shaped because 1. average fixed costs decline continuously as output increases. 2. o
    12·1 answer
  • Workco must have the following number of workers available during the next three months: month 1, 20; month 2, 16; month 3, 25.
    9·1 answer
  • If rosa expects interest rates to fall for the next 10 years she should invest her money in
    14·1 answer
  • Closing Entries In the midst of closing procedures, Echo Corporation's accountant became ill and was hospitalized. You have volu
    15·1 answer
  • Paola and Isidora are married; file a joint tax return; report modified AGI of $148,000; and have one dependent child, Dante. Th
    5·1 answer
  • A schedule or curve that shows the amount of a nation's output (real GDP) that buyers collectively desire to purchase at each po
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!