Marleygaller521 Marleygaller521
  • 25-01-2019
  • Business
contestada

Suppose that the government establishes a price ceiling of $3.70 for wheat.

a. why might the government establish this price ceiling?

Respuesta :

MrsTriplet MrsTriplet
  • 03-02-2019

If the government puts a price ceiling on wheat, they want to make sure that producers aren't selling wheat for a higher amount. A price ceiling is the max price that a producer can price an item to be. By doing this, they make sure that a producer isn't pricing items in demand up extremely high to charge a consumer an obsene amount.

Answer Link

Otras preguntas

explain to antonio why he needs to make a personal financial plan
Turunan dari f(x) = 3
PLEASE, NEED HELP FAST!
What was one effect of the interstate highway Act of 1957
Amira is painting a rectangular banner 2 1/4 yards wide on a wall in the cafeteria.
Janelle has 29 coins in her collection. Her goal is to have at least 45 coins by the end of the year. Write and solve an inequality to find how many more coins
what is the difference 1/8-3/10. A. -7/40 B.-3/40 C. 7/40 D. 17/40
what is the first person who arrives at the crime scene know as
Escribe quien, que, o lo que en el espacio. 1) El diario _ yo leo es muy interesante. 2) Hay mucha gente _ no tiene casa en esta ciudad. 3) Yo no comprendo _
Solve for x. 5(x - 3) 4(x 3) = 3(x - 1)