Cullumber company gathered the following reconciling information in preparing its june bank reconciliation: cash balance per books, 6/30 $15600 deposits in transit 1100 notes receivable and interest collected by bank 2750 bank charge for check printing 95 outstanding checks 5600 nsf check 520 the adjusted cash balance per books on june 30 is

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.