Why the price ceiling has not increased consumption of bread

Reference no: EM131917541

Problem

You are an advisor to the Egyptian government, which has placed a price ceiling on bread. Unfortunately, many families still cannot buy the bread they need. Explain to government officials why the price ceiling has not increased consumption of bread.

Reference no: EM131917541

Questions Cloud

Summarize the different types of marketing communications : Summarize the different types of marketing communications that Red Bull uses. Are these "traditional" or "nontraditional"?

What decrease in demand do to efficiency of price ceiling : Recently, population has declined, and demand for housing has decreased. What will the decrease in demand do to the efficiency of the price ceiling?

Classify the various rumors presented in the text : Classify the various rumors presented in the text (e.g., P&G's logo and McDonald's/Church of Satan connection) as either conspiracy or contamination rumors.

Should women be forced to hear lectures on its benefits : Should women be forced to hear lectures on its benefits? Explain your answer.

Why the price ceiling has not increased consumption of bread : Unfortunately, many families still cannot buy the bread they need. Explain to government officials why the price ceiling has not increased consumption of bread.

Discuss about a good crm program : In 1999, the year after Mark McGwire had slugged a record-smashing 70 home runs-a record broken three years later by Barry Bonds-the coffee chain Starbucks.

What dollar amount of share were repurchased throughout year : If the ending Stockholders' Equity balance is $778 million, what dollar amount of shares were repurchased throughout the year?

Provide a financial statement analysis of brickworks company : ACCY918: Applied Management Accounting - Identify and comment on the Vision, Mission and key strategies of the company and Provide a financial statement

What challenges face researchers as they study the brain : What challenges face researchers as they study the brain? Which of these challenges poses the biggest obstacle?

User Account

All Pages