Students at a major university must go through several registration steps. officials have observed that it is typically the case that the waiting line at the fee-payment station is the longest. this would seem to suggest that the fee-payment station is the in the student registration process. a. capacity cushionb. first stationc. bottleneckd. economy of scalee. diseconomy of scale

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answer; ///global;

answer///the stewardship worldview;

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.