Answer:Price ceiling is when the government of a country mandates producers to sell their commodities below market or equilibrium price.
Explanation:Price ceiling leads to excess demand as consumers will excessively demand for products with a low price. Economically,the lower the price ,the higher the quantity demanded.
Also,Price ceiling will make producers produce inferior commodities as they will drastically reduce their cost of production which by using counterfeit raw materials.
Lastly,Price ceiling leads to supply shortage as producers are not willing to produce.
Answer:
B) A high literacy rate increases the standard of living.
Explanation:
The literacy rate shows how many people are able to read, write, and comprehend the written material. The literacy rate of the country depends a lot on the standard of living. Those who are not literate can’t peruse high education and find a well-paid job, so they are most likely to live in poverty.
It also prevents the country to have more people working jobs that better the living standard such as professors, doctors, economists, scientists, etc. These jobs are vital to the country's development. If people are not educated, they can’t add up to the growth of the country and its economy. Therefore, <u>the standard of life will be lower when there are more illiterate people, and higher when the literacy rate is high. </u>
The way <span>humans impacting the global water cycle when they pave, convert forest to agriculture and irrigate that agriculture is: </span><span>The water table is dropping on every continent.</span>
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When people decided to get rid of a forest in order to build a resort or apartment, for example, we will be very likely to destroy a lot of water sources that would increase the chance of us experiencing a shortage in water supply.</span>
Answer:
I can't give an honest answer cuz after reading it it's like a combination of all of them but it's seems more of origin and development
