Answer:
C). Can generate the inequities of their own.
Explanation:
The price controls are a central element of government's economic intervention policy in which the government sets the legal minimal or maximal limit on the price of specific goods in order to ensure its affordability to consumers.
As per the question, price controls 'can generate inequities of their own in the economy' because the limitation of price to minimum or maximum by the government would create a disbalance between the demand and supply which is the key factor to maintain economic equilibrium. In this situation, either the demand would exceed the supply or the supply would exceed the demand that would promote inequity in the economy. Therefore, <u>option C</u> is the correct answer.
Answer:
a. Assimilation.
b. Socialization.
c. Informal.
Explanation:
a. Assimilation: integration of new knowledge or information. This is a cognitive process and it typically involves fitting a newly acquired information or experience into an existing understanding, ideas, cognitive schema and perception.
b. Self-confidence: process of getting trained to be socially confident in one's own abilities. Thus, it's an attitude that is centered on an individual's abilities and skills.
c. Informal: process of giving away something to someone or receiving it from another not officially prepared, organized, or sanctioned. Thus, it's simply a form of interaction that is characterized by actions that are not a standard.
Answer:
A coastal plain is a flat, low-lying piece of land next to the ocean. Coastal plains are separated from the rest of the interior by nearby landforms, such as mountains. In western South America, a large coastal plain lies between the Andes Mountains and the Pacific Ocean.
Explanation:
Answer: Income effect refers to the change in an income earned by an individual and with a percentage change upward or downward impacts consumer buying/ purchasing power of it
Explanation: You didn't put the answer choices so ii couldn't tell you exactly which one.
