Define price ceiling and floor amd give am example for each. Which leads to a surplus? Why?

A price ceiling prevents a price from rising above a certain level. Hence, the name price "ceiling". If the price is set below the equilibrium price what results is the quantity demanded will exceed the quantity supplied. Two things will be achieved either the excess in "demand" and "shortages" will ensue. Whereas, the price floor prevents the price from plummeting below a certain level or threshold.

Explanation:

Price Ceiling and Price Floors prevent the price from going either up or down.

*Please note that this not a legal or "law" related question. This is an Economics Social Science one.

answer:

explanation:

true is your answer. have a nice day.

answer:

you should learn to recognize these eight warning signs for drowsy driving:

you keep yawning.

you are unable to keep your eyes open.

you catch yourself “nodding off” and have trouble keeping your head up.

you can’t remember driving the last few miles.

you end up too close to cars in front of you.

you miss road signs or drive past your turn.

you drift into the other lane of traffic.

you drift onto the “rumble strip” or onto the shoulder of the road.