Their main function is to filter waste products in the blood, and kidney failure occurs when this organ loses its filtering capabilities; causing significant levels of waste to gather, and resulting in the chemical makeup of your bodyâs blood becoming out of whack.
A price ceiling is a government-imposed price control or limit on how high a price is charged for a product.Governments intend price ceilings to protect consumers from conditions that could make necessary commodities unattainable. price ceiling is a government-imposed price control or limit on how high a price is charged for a product.
For example: Let's consider the house-rent market. Here in the given graph, a price of $9000 has been determined as the equilibrium price with the quantity at 30 homes. Now, the government determines a price ceiling of $6000.At this rate there is a shortage (demand for 40 houses, but supply is for only 20 houses). In the long run, the extra 20 people will try to get a house on rent, which will eventually give rise to black market and higher rents. price ceiling is a government-imposed price control or limit on how high a price is charged for a product.