1. Choose a product to place a price ceiling on: 2. Explain why you are choosing to put a price ceiling on this product (it needs to benefit someone!): 3. Add to the graph below: • Create a specific equilibrium price and quantity. • Create a price for your price ceiling. Draw the price ceiling.

1)Price Ceiling

2)Price ceilings prevent a price from rising above a certain level. ... Price floors prevent a price from falling below a certain level. When a price floor is set above the equilibrium price, quantity supplied will exceed quantity demanded, and excess supply or surpluses will result.

hygrometers and hair thermometers (often found as part of hygrometers/psychrometers) can be used to measure humidity. barometers are used to measure atmospheric pressure, while anemometers are used to measure wind speed. so the 2nd and 4th choices should be the correct answers.

answer; calendar;