Which industries for fiscal year 2015 are the highest and lowest performing for each of the following performance indicators? for measuring performance, use the median industry performance to control for the potentially large effects of outliers. compare your answers to what you predicted in part i. what did you predict correctly and where were you incorrect? why do you think you were incorrect for some industries?

answer; post closing trial balance;

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.