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Price ceiling problems:The persistent shortage created by price ceiling will in turn pose the following problems: RationingGovernment may have to apportion the quantity supplied of OQs among buyers who want to consume a greater amount of OQd. This may be done through the issue of coupons which must be surrendered together with cash, to obtain the good. QueuingWhenever the good is available people will form long queues for it. The queues may be physical lines of people outside suppliers' shops typically in the case of essential commodities like drugs, bread, milk, etc. Or tall waiting lists in the case of consumer durables such as cars, television sets, government flats/houses, etc. Black (Parallel) MarketBlack or parallel markets in which the good will be illegally sold and brought will spring up. In these illegal markets the price at which the good will be sold will even be higher than the equilibrium price. Selling at Sellers' PreferenceSellers may choose several ways to sell the god-first come, first-serve, selling to relatives and friends first, etc Random AllocationThis is selling by luck or chance. This may defeat the aim of setting the maximum price to ensure that the poor as well as the rich get the good. Selling may to all rich, or all poor.
what is rayon?what are the things made of it?
Stability of alkenes - Applications of hyperconjugation Hyperconjugation describes the stability of specific alkenes over other alkenes. Stability of alkenes ∝ Number of alpha
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Q. Major functions of emulsifiers? The major functions of emulsifiers in food systems are as follows. The emulsifier: • modifies the intermolecular forces which stabilize
1.sheilding & de-sheilding 2.magnetic anisotropy 3.hydrogen bonding
does lowered pH of water affect dissolved oxygen?
LIST METALIC AND NON METALIC ELEMENTS
Aromatic compounds - Homocyclic or Carbocyclic These compounds contain at least one benzene ring, that is a six-membered carbocyclic ring occupying alternate single and double
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CAN BOHR MODEL EXPLAIN THE SPECTRUM LINE OH HYDROGEN ATOM?
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