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:
First thing that comes to mind is Russia had a strategic advantage to the Nazis. The Russian military knew the terrain (I believe it was mountainous) and the cold climate helped push back the Nazis. The Nazis actually tried to get into Russia. That was the only country I could think of.
Most countries, I think did not have the military power to stop Hitler/Nazis from invading them.
Hopefully this helps.
He is frightened. He doesn't know what to expects and fears for himself.
Answer:
Invalid and rule 2 is broken
Explanation:
The argument made about the star students and it is mis concepted that all of the star students will be working on the east coast. The statement is therefore invalid as there is no valid support of the facts and figures which will support the statement.
