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ozzi
3 years ago
14

Roughly what percentage of the world's population lives in the developing countries? a. 25 percent b. 80 percent c. 90 percent d

. 50 percent
Social Studies
1 answer:
Lostsunrise [7]3 years ago
7 0
B. 80 percent I hope I helped!!
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1 . The language of price controls Suppose that, in a competitive market without government regulations, the equilibrium price o
aalyn [17]

Your question is not properly arranged, which makes it difficult to be understood. Please let me assume your proper question to be this;

The language of price controls Suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day.

Complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it is binding or nonbinding.

Statement: Price Control, Binding or Not.

1. Due to new regulations, car-rental companies that would like to pay better wages in order to hire more workers are prohibited from doing so.

2. The government prohibits car-rental companies from renting out rental cars for more than $36 per day.

3. The government has instituted a legal minimum price of $87 per day for rental cars.

ANSWER: 1. The statement is a PRICE CEILING and BINDING.

2. The statement is a PRICE CEILING and NOT BINDING.

3. The statement is a PRICE FLOOR and BINDING.

EXPLANATION:

1. The statement is a PRICE CEILING and BINDING. This is a price ceiling, because the government has set a maximum limit that cannot be exceeded in payment of wages. This is binding because it is a regulation, that's means it has passed through the legal chambers before it was instituted.

2. The statement is a PRICE CEILING and NOT BINDING. This is a price ceiling because the government has set a maximum limit of $36 per day for car rental companies, and prohibit any company that rents out car above the set limit. This is not binding because it is a declaration by the government political activities, plans and intentions, which does not have a legal background. Therefore it can be easily changed by a new government.

3. The statement is a PRICE FLOOR and BINDING. This statement is a price floor because the government set a minimum limit or benchmark of price to be $87 per day. Therefore no company is required to sell below the limit. This is binding because it is legal, that means it has passed through the legal chambers before is was instituted.

A binding statement is a legal agreement between two parties, that helps to regulate their activities. For a statement to be binding it must be legally instituted.

Price ceiling is the maximum price a goods or services can be sold. This is set by the government or organization in other to regulate the selling of such goods or services.

Price floor is the minimum amount a dealer is willing to sell a goods or services. This is also set by the government, or the organization is other to regulate the price of the goods or services.

3 0
3 years ago
Lesser criminal cases are generally prosecuted by _______________, while the more serious criminal cases tend to be prosecuted b
dimaraw [331]

Lesser criminal cases are generally prosecuted by a county attorney, while the more serious criminal cases tend to be prosecuted by a <u>district attorney</u>.

<h3>Difference Between County Attorney and District Attorney</h3>

A county attorney represents the state in the justice of the peace and county courts, fights county-related lawsuits, and advises county and precinct officials on legal matters.

The county attorney is usually in charge of prosecuting minor criminal cases.

A district attorney is a chief prosecutor for a state in a local government region, usually a county or a group of counties.

When there are more serious criminal cases, the district attorney usually prosecutes them.

Learn more about the attorney here: brainly.com/question/1564666.

7 0
1 year ago
The acronym HOMES, can help you remember the names of which bodies of water
Lorico [155]
Huron, Ontario, Michigan, Erie, Superior
8 0
3 years ago
What can we understand by the spectrum of transgender In Sarah McBride's Tomorrow will be Different ?
pentagon [3]

The spectrum of  transgender In Sarah McBride's Tomorrow will be Different is understood as the writer rendering support for the transgender community.

<h3>What is Transgender?</h3>

This is characterized by individuals having a gender expression which is different from the one assigned at birth.

Sarah McBride in this scenario shares her struggle about the issues associated with having a sense of belonging in the society and also different forms of discrimination encountered as a result of this.

This was therefore the reasons why she became an advocate for a change and acceptance of the community.

Read more about Transgender here brainly.com/question/6435064

#SPJ1

3 0
1 year ago
_____________ is the goal of economics seeking to allocate resources so that an economy does not experience high inflation.
Kryger [21]

Answer:

Stability

Explanation:

According to my research on the many aspects of economics, I can say that based on the information provided within the question the term being mentioned here is called Stability. This refers to the process of making something stable. In this case it is the steps necessary to make sure that the economy does not experience high inflation which can destabilize a country.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
2 years ago
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