Question:
Suppose the government has imposed a price ceiling on cellular phones. Which of the following events could transform the price ceiling from one that is binding to one that is not binding? a. Cellular phones become more popular. b. Traditional land line phones become more expensive. C. The components used to produce cellular phones become more expensive. @ A technological advance makes cellular phone production less expensive.
Answer:
.A technological advance makes cellular phone production less expensive.
Explanation:
Government could in consideration of the product's lower production cost, opt to adjust the price ceiling.
What's the rationale behind this?
The decrease in production cost for cellular phones means the industry can afford to produce and sell at lower price(maybe even lower) than the price ceiling. This would mean that businesses in this industry may be charging incredibly high prices compared to cost of production and still not hit price ceiling. Therefore government may need to lower price ceiling to suit current cost of production.
Answer:
b. CS.
Explanation:
According to my research on studies conducted by various psychologists, I can say that based on the information provided within the question the sight of dogs would be considered a conditioned stimulus. This term refers to a specific stimulus that when introduced causes a conditioned response. In this scenario the conditioned stimulus like stated before is the sight of the dogs which when introduced cause Jodie to exhibit a conditioned response which would be her crying.
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The industrial and economic developments of the Industrial Revolution brought significant social changes. Industrialization resulted in an increase in population and the phenomenon of urbanization, as a growing number of people moved to urban centres in search of employment.
Buddhism influenced a new religion in Japan and statues along with shrines were built in honor of Buddha
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