What are some of the key reasons why people might believe that modern economic survival depends on the transportation business? (Select all that apply.) Infrastructure is unreliable. All sorts of trade require affordable, prompt, and secure ways to move products and people over long distances under many conditions. Disruption in one area, such as food, throws off economic balance throughout the system, because we are now a global society. All aspects of current life (food, materials, manufactured items) are affected by the transportation business.

d. all of the above are true.

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.

do u have any choices