Suppose two types of students, those from rural areas and those from urban areas, apply to college. there are only two types of performances, excellent and poor. it has been found that a higher percentage of urban students perform poorly than rural students. the colleges decide to admit only students applying from rural areas. this policy could be referred to as group of answer choices employer discrimination. statistical discrimination. employee discrimination. consumer prejudice. productivity bias.

answer; purpose nondisclosure;

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.