George kyparisis owns a company that manufactures sailboats. actual demand for george's sailboats during each of the past four seasons was as follows: year season 1 2 3 4 winter 1 comma 4001,400 1 comma 2401,240 1 comma 0001,000 920920 spring 1 comma 5601,560 1 comma 4001,400 1 comma 6401,640 1 comma 5801,580 summer 1 comma 0401,040 2 comma 1202,120 2 comma 0402,040 2 comma 0002,000 fall 600600 750750 650650 500500 george has forecasted that annual demand for his sailboats in year 5 will equal 5 comma 6005,600 sailboats. based on the given data and using the multiplicative seasonal model, the demand level for george's sailboats in the spring of year 5 will be nothing sailboats (enter a whole number).

answerinnovative culture;

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.