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– Nelson Mandela

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1.1) If Saudi decides to increase the supply of oil to cover or resolve its fiscal problems, the price of gasoline will decrease. According to the law of supply, price and supply have a negative relat...

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Unit 6 Seminar

Unit 6 Seminar

Q While listening to this week’s archived Seminar, complete a reflective document. You may write the assignment in a bulleted list format OR paragraph format. APA style is not required. Please include: The main topics discussed. Sub-topics and/or subsequent classroom discussion. Points you found of interest. Any additional reflections or suggestions.

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Price ceilings and price floor are two of the most important concept in economics. Price ceiling at times do lead to inefficiency which thereby indicates that the goods are being delivered at