1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aliya0001 [1]
3 years ago
8

HELP!!!!!

Social Studies
2 answers:
Allushta [10]3 years ago
8 0
Because that market will bring deadweight loss.

Price control will mess up the natural equilibrium price that exist within the market. Despite that, it still cause a surplus

hope this helps
Hitman42 [59]3 years ago
6 0

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.

You might be interested in
Why is Constitution called the mirror of a nation​
natulia [17]
Jdjdkakskskaklakakakak
8 0
3 years ago
The theory of absolute advantage destroys the mercantilist idea that international trade is a ________.
stiks02 [169]
The correct answer is zero-sum game
6 0
4 years ago
Based on Jefferson’s letter to Meriwether Lewis, what was the purpose of the Lewis and Clark Expedition?
Aleksandr-060686 [28]

Answer:

the purpose of the Lewis and Clark expedition was to locate the most direct river route to the Pacific Ocean.

3 0
3 years ago
Read 2 more answers
Data that is so large and complex that it cannot be processed using conventional methods is called
Vlada [557]
<span>Big data is a term for data volume so huge and non-linear that typical computing hardware and software prove inadequate for processing. Quantum processing can be applied. Each bit of information is assigned a binary value based on a specific characteristic, and a series of logic tests are simultaneously used to extract data based on assigned characteristics.</span>
8 0
3 years ago
Imagine that you are a campaign manager who wants to increase voter turnout. Based on what you just learned, what are some of th
qaws [65]
As campaign manager, I have many ideas about how we can increase voter turnout on Election Day. First, I would encourage early voting in my district so as many people can get to the polls as possible. I would also call for same-day registration, so eligible citizens can vote. I will encourage citizens to vote in primary elections, not just in general elections. Finally, I would reach out to youth voters in an effort to get more young voters to the polls.
Hope this Helps!
5 0
4 years ago
Read 2 more answers
Other questions:
  • Which of the following is not a component of a mortgage payment?
    10·1 answer
  • Barbara and jeffrey are both psychologists. barbara believes that biology is the sole cause for psychological disorders. jeffrey
    11·1 answer
  • Frech fur traders established trading posts in Quebec and other parts of __
    14·1 answer
  • Tanya, a social activist, works closely with a local NGO to spread awareness about the importance of education in rural areas. S
    8·1 answer
  • Give one chemical and physical property of wood
    9·1 answer
  • As there are no published listings of risk groups for human pathogens anywhere in the world, Principal Investigators must start
    6·1 answer
  • Although the Sun is much larger than the Moon, it does not exert as much gravitational pull on the oceans as the Moon. The Moon,
    13·1 answer
  • Much of Russia's citizenry is very informed about political and social issues in the country and in the rest of the world. There
    10·2 answers
  • What kinds of music from Latin America came to the US
    15·2 answers
  • Anthropological perspectives on participation in CBPR: Insights from the water project, Maras, Peru.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!