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umka2103 [35]
3 years ago
5

Explain why the government imposes price floors and price ceilings in certain markets.

Social Studies
1 answer:
mina [271]3 years ago
4 0
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.
You might be interested in
_____ occurs when an individual relates new information to something he/she already has stored in memory.
Semenov [28]

Answer:

Elaborative rehearsal                                                                                                                                    

Explanation:

Elaborative rehearsal: In psychology, the term elaborative rehearsal is defined as a phenomenon that is responsible for encoding particular information into an individual's long-term memory with the help of brain-processing that information in depth.

It helps an individual to make an association or connection between a piece of information that he or she is trying to learn and the formerly present information in his or her memory.

It encompasses deep semantic processing of a piece of information yet to be remembered that leads to the development of durable memories and it is considered as more effective as compared to maintenance rehearsal.

In the question above, the given statement signifies the importance of elaborative rehearsal.

8 0
3 years ago
The Law of __________ dictates that, in undisturbed stratigraphy, those items found deeper in the ground will be older than thos
Sveta_85 [38]

Answer:

Superposition

Explanation:

The Law of superposition dictates that, in undisturbed stratigraphy, those items found deeper in the ground will be older than those found closer to the surface.

The law of superposition states that under normal circumstances, deeper layer of rocks or soil particles are older than those above them.

6 0
3 years ago
For days, Dianne had been trying to think of a way to approach her parents about her desire to transfer to a new college. While
frosja888 [35]

Answer:

the occurrence of insight

Explanation:

Dianne wants to go to a college to which her parents oppose. She is thinking of ways to persuade them. In thinking about the ways she stumbles upon an advertisement which says her college is a place which is vacation area.

She did not know this before. She thought that telling her parents that her college is in an area that is a vacation area would persuade them as they could go on vacation where their daughter was staying.

Hence, the question is referring to the occurrence of insight.

4 0
4 years ago
What are the sanctions for the failure to admit facts made through a request for admissions?
egoroff_w [7]
<span>The sanctions for the failure to admit facts made through a request for admissions are the cost of proving the facts not admitted may be assessed against the party who failed to admit those facts. This might be bad situation to be in for the party in speaking but the judge cannot dismiss the case at hand nor is the judgment against them. They still have a chance to fight.</span>
5 0
3 years ago
Parliament invited William and Mary to take the English throne on the condition that they
ludmilkaskok [199]

Answer:

accept Parliament's limits on their power.

Explanation:

This event occurred during the glorious revolution of England in 1688, Where King James Ii still held the position as a king.

Prior to the revolution, the word of the king was almost absolute. When the king want to create a certain law, there is almost nothing that the parliament can do to stop Him.

After King James Ii died (Mary's father) , the throne was Vacant. The parliament then offered that position to William from Netherland and Mary (to serve as the King and Queen). But in exchange of the offer, the parliament wanted William and Mary  restrict their power and spread it to several parliaments as an effort to prevent the kingdom from becoming a tyranny.

3 0
3 years ago
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