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:
Portuguese, it was 1431 while en route to the indies
Answer:
Challenges in Volunteer Management
Undervalued Positions. A troubling aspect of volunteering is that volunteers are generally seen as low members on the organizational totem pole. ...
Too Little Time. ...
Volunteer Burn-Out. ...
Decentralized Guidance. ...
Few Resources.
Answer: The main reasons that so many more people died in Haiti (100,000+) than in Chile (523) is that the buildings in Haiti were not built to withstand earthquakes and therefore collapsed whereas buildings in Chile are built to a strict earthquake resistance code.
