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Which example best demonstrates the effect of artificial price controls on supply and demand?
Rent controls result in shortages and minimum wage laws result in surpluses
Why are price controls used?
Price controls prevent price gouging on items that are essential but either in short supply or else whose supply in controlled by one group.
Who controls the price of oil in the middle east?
Opec
Give an example of a price floor and a price ceiling and the purpose of the controls?
an example of a price floor is the minimum wage
What type of government controls the OPEC?
OPEC controls most of the worlds oil source.
Which example best demonstrates the effect of artificial price controls on supply and demand?
Rent controls result in shortages and minimum wage laws result in surpluses
Who controls the price of gasoline?
the government controls the price of gasoline
What is the usual price of the commercial airplane black box?
The usual price of the blackbox varies from country to country. The rice also depends on the quality. The usual price is from 23$ to 40$.
What are positive and negative controls in an experiment?
Positive controls : an experimental treatment that will give the desired result Negative controls: An experimental treatment that will NOT give the dersired result.
Why are price controls used?
Price controls prevent price gouging on items that are essential but either in short supply or else whose supply in controlled by one group.
What controls price and availability in an industry?
monopoly
What are the usual causes of a bone spur?
The usual causes of a bone spur are various. They can occur as a result of genetics, after injury, and in the older generation, it can be a result of general wear and tear.
How do you find out the percentage off of a price?
Check the tag for the usual price and do the math, or ask the clerk.
Who controls the price of oil in the middle east?
Opec
Give an example of a price floor and a price ceiling and the purpose of the controls?
an example of a price floor is the minimum wage
When are the usual price drops for EA sports games?
The usual time is at least a couple of months but it depends what game it is and when it came out and the system Example: Madden 11 price 59.99 on Wii Madden 11 price in 3 mths. 40
What's the usual price per gigabyte of using a tape drive for backup?
usual price depends on capacity and format but usually runs between 10 and 20 cents per gigabyte.
