Create a graph illustrating the effect of a price floor on the quantity of good. In three or four sentences, summarize the graph. Upload the graph below.

    Any price control by the government, whether in the form of a price ceiling or a price floor, is damaging to the market and leads to inefficiency. With the help of the graph below, we will be able to comprehend.

                                      (INSERT GRAPH HERE)

    The market was at a $4 equilibrium, and the quantity in the market was 100. Following a storm, the government decided to set a price ceiling of $2 for the good. According to the government, a reduced market price will help people to build demand in difficult times.

    At $2, the total supply in the market is 75, while demand has climbed to 125, resulting in a 50-unit shortfall. It will raise the price of the goods to $5, resulting in a market deadweight loss. It may also increase the market's black marketing of items. Overall, market price control regimes are bad since they affect the intended benefactors, namely the customer.

Explanation:

trade in silk, spices, and precious metals.

answer first choice

booker t. washington was an educator who established the tuskegee institute. washington argued that african americans should learn trades that would offer them the opportunity to be progressive citizens. instead of fighting against discrimination, washington argued that african americans should use their education and knowledge to become self-sufficient in american society and not in competition with white americans.

w.e.b du bois was the founder of the niagara movement and later the naacp, du bois disagreed with washington. he argued that african americans should consistently fight for racial equality.

ida b. wells was a journalist who wrote about the horrors of lynching in the south. wells work could be considered muckraking as it led to the development of the anti-lynching campaign.