The dictator of a small country restricts the price of cars to an amount less than or equal to $1,200 (a price below the equilibrium price for cars). Such a policy would set a:

Question

Ashleyjahnaes5502idn Ashleyjahnaes5502idn

08-02-2022
Business

Answered

Discover new perspectives and gain insights with IDNLearn.com. Get the information you need quickly and accurately with our reliable and thorough Q&A platform.

The dictator of a small country restricts the price of cars to an amount less than or equal to $1,200 (a price below the equilibrium price for cars). Such a policy would set a:

Sagot :

We are happy to have you as part of our community. Keep asking, answering, and sharing your insights. Together, we can create a valuable knowledge resource. For dependable answers, trust IDNLearn.com. Thank you for visiting, and we look forward to helping you again soon.

Which Is The Largest Continent Of World?

D. One Holding Pen Uses 500 Feet Of Fence wire And 100 Feet Of Tie Wire. A Farmer uses A Combined Length Of 1,000 Yards Of wire. What Length Of Tie Is Wire Was

4) The Given Figure Shows ∆ABC. Points D,E And F Are The Mid-points Of Sides AB,AC And BC Respectively. Sides AB, BC And CA Measure 6 Cm, 10 Cm And 8 Cm Respect

Which Statement About 4 + 2x Is True?

Is [113 + ( −74) ]+ (−26) Commutative Or Associative Property?

A Scale Drawing Of A Soccer Field Is 6 Inches Long. The Actual Soccer Field Is 300 Feet Long. Which Of The Following Represents The Scale Factor Of The Drawing

The Young Wizard, Darpinido, Got 16 Dragons And 12 Griffins For His Birthday. But His Sister, In Grid, Left The Gate Open And More A=than 6 Dragon And More Than

Explain Why There Is A Correlation Between Language And Religion.

6. Which Statement Best Shows How The Death Of Geronimo’s Family Played A Role In His War Against the Mexicans And, Later, The Americans? A. Over The Next Five

Aubree Invested $4,400 In An Account Paying An Interest Rate Of 2.4% Compounded quarterly. Assuming No Deposits Or Withdrawals Are Made, How Long Would It Take,

Topeadeniran2idn Topeadeniran2idn · Answer 1 · 2022-02-21T05:50:44-05:00

The policy that can be brought about by the action of the dictator is a price ceiling.

What is price ceiling?

Price ceiling simply means when the government decides the maximum price of a good.

In this case, when the dictator of a small country restricts the price of cars to an amount less than or equal to $1,200 which is a price below the equilibrium price for cars, the policy would set a price ceiling.

Learn more about price ceiling on:

https://brainly.com/question/1448982

Sagot :

What is price ceiling?

Other Questions