You are working the evening shift at the register. A customer who purchased $2,500 in money orders during the morning is back and requests to purchase a
money order in the amount of $700. The customer does not have an ID but asks
if you can provide an override since you helped with the previous transaction
earlier that day.
You must decline the transaction for the following reasons:
(Select all that apply)
The daily limit for a single individual, per 24-hours, for money order transactions is
$2,500.
The maximum dollar limit/face value per money order is $500.
Customers must always present a valid ID to purchase a money order.
The customer asked for you, specifically, to handle the transaction.

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

If his parents cannot alex with college, and two of his scholarships will be awarded to other students if he does not accept them immediately, which is the best option for him?

Aprice ceiling is “binding” if the price ceiling is set below the equilibrium price. suppose that the equilibrium price is $5. if a price ceiling is set at $6, this will not affect the market in any way since $5 remains a legally allowable price (since $5 < $6). a price ceiling of $6 is called a “non-binding” price ceiling. on the other hand, if the price ceiling is set at $4, the price ceiling is “binding” because the natural equilibrium price is $5 but that is no longer allowed. what happens when there is a binding price ceiling? at a price below the equilibrium price, quantity demanded exceeds quantity supplied. there is a shortage. normally, price increases eliminate shortages by increasing quantity supplied and decreasing quantity demanded. in this case, however, price increases are not allowed past the price ceiling. we therefore predict that the observed market price will be right at the price ceiling and there will be a permanent shortage. the observed quantity bought and sold will be dictated by the quantity supplied at the price ceiling. although consumers would like to buy more, there are no more units for sale