Plastix produx company is subject to a decision by the consumer product safety commission. opposed to the decision, plastix produx wants a court to review it. first, however, the firm must use all of the potential administrative remedies. this is

a. an actual controversy at issue.
b. standing to sue.
c. the exhaustion doctrine.
d. the ripeness doctrine.

The exhaustion doctrine.

Explanation:

The Plastix produx company would have to follow the exhaustion doctrine to settle the issue they have with the consumer safety product commission.

The exhaustion doctrine requires that a company/individual having an issue with an independent commission, would have to first exhaust all administrative options before going for redress in court.

The administrative options would involve the individual/company would have to appeal the initial verdict in the commission's Internal appeal process and if found guilty then head to court for redress.

answer assertive;

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.