Xyz equipment, a firm that produces manufacturing equipment for various industries, experiences an influx of new sales employees due to a recent expansion. despite possessing a vast amount of sales experience, most of the new employees perform poorly. this is because the new recruits possess inadequate technical knowledge about the products sold by xyz equipment. to address the issue, the hr department decides to implement a training program using the instructional design process. as part of the process, the hr department's first step should be to

answerthe above statement is (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.