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Explain how a price ceiling imposed by governments in major rice-producing countries might affect world rice markets.

A price ceiling is when a maximum price is set on a good. For a price ceiling to be effective, it must be set below the free-market price. This causes excess demand (a shortage), which might cause people ...

Answered by Michael R. • Economics tutor

1955 Views

Evaluate the view that perfect competition is a more efficient market structure than monopoly.

Perfect competition is a market structure dominated by many firms. No individual firm is capable of affecting the market supply curve, so one firm cannot affect the market price; the firms are price take...

Answered by Karen Viktoria A. • Economics tutor

77248 Views

Es posible llevar una vida sana sin gastar mucho dinero. ¿Estás de acuerdo?

Hoy en dia vivimos una sociedad en la cual los habitantes son vulnerables y estan constantemente expuestos a tentaciones que son consideradas dañinas a la salud, ya sea la falta de actividad fisica o cae...

Answered by Lidia C. • Spanish tutor

2162 Views

Which side of the nature-nurture debate do psychologists favor?

Within Psychology there are a variety of different approaches, i.e, the Biological approach, Behaviorism approach etc. As a result of this different Psychologists from each branch will favor the side that...

Answered by Jaspreet K. • Psychology tutor

9807 Views

In ref to Ovid, Met. 1.525-565: "I understand the language of this passage, but how would I answer a commentary/thematic questions on it in the exam?

There is a lot to say about this passage. Thematically, it is interesting in that it exemplifies Ovid's mixing of genres which characterises the Metamorphoses - this is perhaps alluded to in the title, an...

Answered by Jack B. • Latin tutor

2263 Views