Answer: The answer is a Common Law
Answer:
If effective, such a price floor would be <u>above</u> the market price and would lead to a <u>excess supply</u>.
Explanation:
A price floor can be described as a price control in which the minimum price to be charged for goods and services is imposed by a government or a group.
For a price floor to be effective and binding, it has to be set above the market or equilibrium price. This is because a price floor will neither be effective nor nonbinding when it set below the equilibrium price.
Any price above the equilibrium or market price creates or leads to excess supply. Excess supply is a situation whereby quantiy of commodity supplied is more than the quantity demanded of the commodity.
Based on the above explanation, if effective, such a price floor would be <u>above</u> the market price and would lead to a <u>excess supply</u>.
Answer:
1. Robust middle class growth
2. Technological advancements
3. a) A beer and wine selection primarily made up of U.S. brands
b) A policy forbidding employees from dating each other
d) A friendliness policy encouraging employees to smile at customers
e) Plastic bags
Explanation:
Middle class growth in different countries in recent times have increased the sake of smartphone and tablets globally
Technological advancements in the second question would be the only cause of better technologies such as the use of video teleconferencing in the example
The people in this country would not like the listed options as shown here
The answer to the blank space is green marketing.
The Prius is supposed to be marketed for its great value and environmental benefits – thus making the type of marketing the company is doing a green marketing. A green marketing is defined as the process of marketing a product or service based on their environmental benefits – it could be because the product itself is environmentally-friendly (such as the Prius, which is a hybrid electric-gasoline car, which means that it won’t emit as much pollution) or because it is produced in an environmental-friendly way.
