Answer: dead-weight loss is transferred to producers and consumers.
Explanation: Price floor is a regulatory tool used by government to set a fixed price for goods and services. For a price floor to be effective, the minimum price must be higher than the equilibrum price of the product or service.
An example of this is the set workers minimum wage.
There are different effect of a price floor and it includes:
1. It can cause a deadweight welfare loss which is a loss in economic efficiency.
2. Reduction in the demand for goods and services.
3. Excessive supply by producers
4. Leads to market failure.
Answer:
The term cognitive dissonance is used to describe the mental discomfort that results from holding two conflicting beliefs, values, or attitudes. ... This inconsistency between what people believe and how they behave motivates people to engage in actions that will help minimize feelings of discomfort.
Explanation:
The term cognitive dissonance is used to describe the mental discomfort that results from holding two conflicting beliefs, values, or attitudes. ... This inconsistency between what people believe and how they behave motivates people to engage in actions that will help minimize feelings of discomfort.
Answer: it is b) a long term increase in the earths average temperature
Explanation:
I took the test hope this helps!
Answer:
The correct answer for:
Because there are provisions of the new maritime code that provide that even tiny islets can be the basis for claims to the fisheries and oil fields of large sea areas, they have already stimulated international disputes over uninhabited islands.
Is:
Because the new maritime code provides that even tiny islets can be the basis for claims to the fisheries and oil fields of large sea areas, it has already stimulated international disputes over uninhabited islands
Explanation:To understand this question we need to re-write it, re-structure it, and analyze it.
First of all, because there are provisions of the new maritime code that provide that...is already wrong. So we have to correct it:
Because the new maritime code provides that even tiny islets can be the basis for claims to the fisheries and oil fields of large sea areas, they...
We require to correct it because in this case, we are talking about a phenomenon. Not about the group of claims made over large sea areas.
Thus, we replace it with: "it has already stimulated international disputes over uninhabited islands." Because again we are talking about the phenomenon/event. Not the talks.
After our editing, the phrase conserves its message and also is specific. Unlike the initial phrase. Therefore the restructure is the correct answer.
Answer: The wells will cause the water table to rise.