Tutor profile: Adam S.
Translate this sentence to Spanish: "I went to the supermarket to buy milk and eggs with my mom"
Yo fui al supermercado con mi madre para comprar la leche y los huevos.
Subject: US History
What changed in the US approach to post-war recovery efforts after WWII compared to WWI?
After realizing their mistakes after the Treaty of Versailles and sending Germany into economic collapse and allowing a man such as Hitler to come to power, the Marshall Plan was introduced to ensure stability in war-torn Europe, even the Axis countries.
Define and then identify the effects of a price floor and a price ceiling on a specific market, including an example of each.
A price floor will set a minimum price that good/service X can be set at. It will create a surplus, for example, the minimum wage is a price floor that creates a surplus of workers as the price to hire goes up companies can no longer afford to hire more employees. Inversely, a price ceiling such as rent control will create a shortage as quantity demanded is greater than quantity supplied.
needs and Adam will reply soon.