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

what is the purpose of annotating mail?
all of the following are conditions that organisms in a tidepool must withstand except A constant tidal change B temperature changes C constant salinity D cha
What methods help a male grow hair faster and stronger.
Summary of earliest authenticated human remains in south asia
What is 4 pints into quarts
all of the following are conditions that organisms in a tidepool must withstand except A constant tidal change B temperature changes C constant salinity D cha
In what type of organization is sequence extremely important? a. Chronological order b. Cause and effect c. Compare and contrast d. Examples and explanation
does any of these combinations have a change
the radius of a clock face is 8.5 centimeters. what is circumfe0rence of clock?
what contributed to a diverse society in the northern colonies