Answer:
Development refers to a positive and progressive change in somebody or something.
Thomas Edison is known as the "Wizard of Menlo Park" and was known for patenting the lightbulb among other inventions.
Answer:
<h3>It was troubled by two hundred years of violence and warfare.
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Explanation:
- The Waring States period of ancient China was the period between 475-221 BC and was the last period of the Zhou Dynasty era (1046–221 BC). During this period various states revolted against the Zhou Dynasty and secured their own independence from the dynasty.
- There were seven major warring states that fought and engaged in warfare with one another as well as the dynasty for their own territories. There was intense violence and unrest during this period and it occurred for about two hundred years.
Answer:
A binding price floor is set above the equilibrium price as a minimum price
A binding price ceiling is set below the equilibrium price as a maximum price
Equilibrium price is $1.50
a) The government prohibits donut shops from selling donuts for more than $1.10 each = Price ceiling and it is Binding
b) The government has instituted a legal minimum price of $1.80 each for donuts = Price Floor and it is Binding
c) Due to new regulations donut shops that would like to pay better wages in order to hire more workers are prohibited from doing so = Price ceiling and it is non-binding (as firms are wiling to offer higher wages than the minimum wage rate)
Explanation:
