Answer:
D. lower than the equilibrium price.
Explanation:
Markets are at equilibrium where demand = supply & demand, supply curves intersect.
Price ceiling is maximum price mandated by the government at which a good can be sold in the market. It is usually below equilibrium price, set to bring necessity goods under affordable price bracket of poor people.
This artificially reduced price creates excess demand or shortage (less supply), because at the lower price - demand is more but supply is less.
For more , refer : brainly.com/question/14580944#
Assuming that you mean the APS referring to college/ high school subjects, it goes as follows:
There are a total of 8 levels on the APS, starting at 0, 2, 3, 4, 5, 6, 7, and 8
an 8 is a score of between 90% and 100%
7 is between 80 and 89%
6 is between 70 and 79%
5 is between 60 and 69%
4 is between 50 and 59%
vice versa...
and a 0 is between 0 and 29%
Answer:
The correct answer is B
Explanation:
Responsive is the measure of the quality as well as speed at which the company provides the customer service and the communication.
For example, if the customer who drop the mail enquiring about particular information regarding a service or a product. And, the response for the enquiry could be traced out from how quick the company could reply or responsive to the mail along with the desired information.
So, in this case, the manager did not grasp the responsive in order to make his target market.
Answer:
The Federal Trade Commission Act is a law passed in 1914.
