Price ceilings prevent a price from rising above a certain level. When a price ceiling is set below the equilibrium price, quantity demanded will exceed quantity supplied, and excess demand or shortages will result. Price floors prevent a price from falling below a certain level.
a. True
Data is information from which conclusions can be drawn.
Well, there was a need for more people working during the Industrial Revolution and it later would led to women working while wars went on and even The Women’s Suffrage
