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Annette [7]
3 years ago
6

What helped Ghana become an important empire?

Social Studies
1 answer:
Nataly_w [17]3 years ago
4 0
The thing that helped Ghana become an important empire was their loction on trade routes..
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1 . The language of price controls Suppose that, in a competitive market without government regulations, the equilibrium price o
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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.

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What are different Perspectives on Water Consumption
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Answer:

10 Perspectives on the Future of Water

By Tilde Herrera

June 8, 2011



Image CC licensed by Flickr user Kevin Pelletier

Water today is cheap, poorly managed and becoming increasingly scarce, and what is already a complex issue is only going to get more complicated as the global population continues to swell and the world's aging infrastructure gets older.

Similar to the challenges facing us with climate change, action on water scarcity is torturously slow. But unlike climate change, water shortages are a near-term life-or-death situation. The good news is that the battle isn't going unfought.

On Tuesday, Dow Chemical Co. brought together 60 of the world's leading water experts for a free, fast-moving virtual conference that explored the past, present and future of the global water challenge as part of its The Future We Create initiative. Sixty representatives from industry, academia, nonprofits and other thought leaders each offered back-to-back one-minute messages about water as it relates to people and businesses.

"The key to solving our biggest challenges lies at the intersection of science, collaboration and human ingenuity," Mary Jo Piper, Dow Chemical's public affairs manager, said in an email. "Collaboration is critical -- it requires human interactions and productive conversations based on mutual respect. That's why Dow created The Future We Create conference series -- to provide a meeting ground for leading-edge thinkers and curious minds to learn, share and act for a better future for us all."

We'd be remiss if we didn't ask the question: Is Dow the right company to talk about the future of water? The company has had its own water-related issues, including a dioxin clean-up near its headquarters and lawsuits alleging water contamination. While the company wouldn't comment on pending litigation, it did note that technology from its Water and Processing Solutions unit is being used to produce 22 million cubic meters of water daily around the world. It has also managed to reduce water consumption at its biggest production site by a billion gallons a year, which is fairly impressive by any measure.           

In any case, the virtual conference included a wealth of interesting information. Below are some memorable quotes that caught my attention from the program, which is still available online:



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