Esmeralda gives speeches about financial responsibility. She speaks effectively to many different groups. She was a Wall Street banker many years prior to becoming a speaker, but she is now dissatisfied with how Wall Street does business. She is asked to speak to a group of Wall Street bankers, but having been one herself, she wonders what the point is. She gives her speech, but most of the audience doesn't get her main points. Based on what you've read, what might best explain why her speech was not effective?

answer; false pretense;

answersituation analysis;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.