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Mkey [24]
4 years ago
15

What are some of the problems with a price ceiling?

Social Studies
1 answer:
nlexa [21]4 years ago
8 0

Answer:Price ceiling is when the government of a country mandates producers to sell their commodities below market or equilibrium price.

Explanation:Price ceiling leads to excess demand as consumers will excessively demand for products with a low price. Economically,the lower the price ,the higher the quantity demanded.

Also,Price ceiling will make producers produce inferior commodities as they will drastically reduce their cost of production which by using counterfeit raw materials.

Lastly,Price ceiling leads to supply shortage as producers are not willing to produce.

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Why is it necessary to measure HDI of the countries all over the world​
mariarad [96]

HDI refers to HUMAN DEVELOPMENT INDEX

Explanation:

It is necessary to measure HDI of the countries to see economic development of the country. It value ranges from 0 to 1, the values closer to 0 show loe economic development and values closer to 1 shows high economic development.

3 0
3 years ago
How does immigration impact American society
Anni [7]

The opinion depends on this topic. Immagration can impact the economy positively but it can also, increases the crime rate if unmonitored. Drugs and other substaces get importated into America from different countries so, it is important to monitor the people who are immagrating into the country.

5 0
3 years ago
In her developmental psychology classes, Dr. Windham utilizes problem-based learning, which involves presenting students with op
muminat

Answer: The correct answer is "Guided Discovery"

Explanation:  The teaching method being used by Dr. Windham is called Guided Discovery.

First, the students discover by themselves the structures that are implicit in the problems that are presented by the teacher.

The students then reflect to determine the most important aspects of the problem and their consequent solution.

In this particular case, Dr. Windham presents students with open-ended real-life cases.

The students then determine the important aspects of the problem and then they come up with a plan of action to solve the problem.

8 0
3 years ago
Which statement is correct regarding an aircraft that is found to be unairworthy after an annual inspection, due to an item requ
icang [17]

Answer:

True

Explanation:

Based on the information provided within the question it can be said that an appropriately rated mechanic may accomplish the repair, and an IA may approve the aircraft for return to service. Otherwise if this is not done the aircraft does not have the authorization to be in the air and will get denied when attempting to take off in an airstrip.

5 0
3 years ago
During which of Piaget's stages does a child demonstrate the ability to reason about abstract ideas and novel information?
vazorg [7]

Answer:

<em>Formal Operational Stage</em>

Explanation:

The formal stage of operation starts at about twelve years of age and lasts into adulthood.

<em>As teenagers join this phase, they acquire the capacity to think abstractly by manipulating thoughts in their heads, without relying on tangible manipulation. </em>

This theory was made popular by Inhelder & Piaget in 1958.

3 0
3 years ago
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