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How could rationing coupons insure that consumers with the highest values get the limited amount of a good supplied when government price ceilings create shortages?
Wiki User
∙ 9y ago
Theoretically, the coupons, only being exchangeable for a limited quantity of a good, should ensure the availability of those goods to all consumers. However, often these rationing coupons get sold off, essentially forcing most of the good into the hands of a few.
Wiki User
∙ 9y ago
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How did Romans attach the mosaics to the ceilings of their temples?
They didn't. Mosaics were used on floors. Any decoration used on ceilings would have been frescoes or paintings.They didn't. Mosaics were used on floors. Any decoration used on ceilings would have been frescoes or paintings.They didn't. Mosaics were used on floors. Any decoration used on ceilings would have been frescoes or paintings.They didn't. Mosaics were used on floors. Any decoration used on ceilings would have been frescoes or paintings.They didn't. Mosaics were used on floors. Any decoration used on ceilings would have been frescoes or paintings.They didn't. Mosaics were used on floors. Any decoration used on ceilings would have been frescoes or paintings.They didn't. Mosaics were used on floors. Any decoration used on ceilings would have been frescoes or paintings.They didn't. Mosaics were used on floors. Any decoration used on ceilings would have been frescoes or paintings.They didn't. Mosaics were used on floors. Any decoration used on ceilings would have been frescoes or paintings.
What were mosaics used as?
They are used to decorate walls, floors, and ceilings.
How did Gothic architects compensate for the lateral thrust of the cathedrals?
Gothic architects developed new ways to build the arches in order to compensate for the lateral thrust of the Cathedrals. It was a precise measurement for the high ceilings.
Describe the kitchens usually found in medieval castles?
The whole room is made out of stone. There is a small hole in the wall to cook bread and other stuff like that. There are tables and the ceilings are hung with pots and candlelit chandeliers.
How much does it cost to have a person paint a two bedroom condo in Baton Rouge Louisiana?
A local painting contractor can answer your question. The price, of course, depends on the condition of the walls, the height of the ceilings, and the number of walls you want painted.
The government can prevent the shortages that accompany price ceilings by doing what?
Ration
What happens when government imposes price ceilings and floors in a market?
efficiency
What happens When the government intervenes in the market by imposing price ceilings and price floors?
Shortages, Surplus and Unintended consequences.
Why are price floors and price ceilings posed?
if the market price imposed by suppliers are too high for consumers then the price ceilings are imposed....if the market price is too low for the producers then price floors is imposed.
What do economists mean when they say that price floors and ceilings stifle the rationing function of prices and distort resource allocation?
When economist says price floors means above equilibrium and leads to undermanned surplus. When they say price ceilings it means price below equilibrium which leads to unsupplied shortage.
Why does government place price ceilings on some essential goods?
to limit the impact of equilibrium pricing
Price floors and ceilings stifle the rationing function of prices and distort resource allocation?
Economists have said that "price floorsand price ceilings stifle (prevent) the rationing function of prices and distort resource allocation." Consider what happens after a hurricane, prices are often frozen to pre-hurricane prices through "price gouging laws" to protect the consumer. Is this an example of a price ceiling or a price floor?This occurs for gasoline as well as for groceries and other products that might be in high demand after the damage of a hurricane. What is the impact in the market place of these limits?
Why does a free market economy need government intervention?
Although free market economies are mostly based on the free choices of the buyers and consumers, one reason government intervention is needed is to prevent the creation of monopolies. If a monopoly is a natural monopoly or a monopoly that doesn't seem to make too much profit, it can be left alone, but if a monopoly has significant power and makes too much profit, government must restrict its market powers. Otherwise, the monopoly could control prices and output with no restrictions at all. Also, sometimes government must set price ceilings or price floors in order to try to fix the problems of shortages and surpluses. By setting these price levels, the government helps bring the price and quantity back to equilibrium position, where the quantity demanded = quantity supplied.
What were results of The Reign Of Terror?
I think you mean the French RevolutionFirst, it was the end of the old monarchy in Europe.Second, it marked the beginnings of modern totalitarian government and large-scale executions of "enemies of the People" by impersonal government,agencies.Third, in the economic field, it saw the law of the maximum and other measures set; price and wage ceilings, forbade hoarding and withholding from the market, requisitioned food and supplies for the army, and instituted rationing. Land purchase by the peasants was made easier.
How do you build ceilings on sims 3?
You don't build ceilings.
When was No Ceilings created?
No Ceilings was created on 2009-10-31.
What is the impact on the economy if price ceiling or price floor were removed?
Price ceiling is government rules or laws setting price floors or ceilings that forbid the adjustment of price to clear markets. Price ceilings make it illegal for sellers to charge more than a specific maximum price. ceilings may be introduced when a shortage of a commodity threatens to raise its price a lot.
