Reds Blog. Reds' 2015 schedule (Photo: Reds.com). The Pirates will be the Opening Day opponent for the Reds in 2015, with Pittsburgh opening at Great American Ball Park on April 6.The Cardinals will come to town after the Pirates, as all but one April game will be against a National League Central opponent.eds Blog. Reds' 2015 schedule (Photo: Reds.com). The Pirates will be the Opening Day opponent for the Reds in 2015, with Pittsburgh opening at Great American Ball Park on April 6.
I have read that a price floor causes a surplus, but to me it doesnt make sense because you would thinking since price floor is the minimum price that it would cause a shortage. If possible could someone or a group of people clarify how surplus and shortages relate to price floors and price ceilings. Add your answer.
A price ceiling occurs when the government puts a legal limit on how high the price of a product can be. In order for a price ceiling to be effective, it must be set below the natural market equilibrium. When a price ceiling is set, a shortage occurs. For the price that the ceiling is set at, there is more demand than there is at the equilibrium price. There is also less supply than there is at the equilibrium price, thus there is more quantity demanded than quantity supplied.