If a price control causes a surplus the market will become inefficient because:
1. The producer will manufacture the same amount of goods as he did previously but the surplus will increase its cost and the goods will not be sold in the market, it will result in the wastage of goods and resources if they are kept in one place for a long time.
2. The surplus will cause an equilibrium in the market in terms of supply and demand.
3. If the goods are not sold in the market for a long time, it will stop the circulation of money.
Meaning of Inefficiency :
It means the lack of ability to achieve a certain goal without wasting energy, resources and time.
Answer:
Explanation:
Ruler of Native American kept their power with the help and respect of the American people. Under American ruler they have suffered from violence between groups.
Ruler of European gets power because of their position of berth problem in European rule is that younger people do not get anything, peasants family did not benefit.
under African ruler, people have to suffer for money because of the bad decision made by their ruler.
<span>The CDC (Center for Disease Control) tracks and reports data on the trends in adult obesity in the United States. They do so by using the Behavioral Risk and Factor Surveillance System.This is essentially a group of telephone surveys that discovers health information about the public at large.</span>
Explanation:
Modern period table has 18 groups and 7 periods.
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