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Pricing, quantity, and welfare effects of a binding price ceiling. There is a substantial body of research showing that under some circumstances price ceilings can, paradoxically, lead to higher prices. The leading explanation is that price ceilings serve to coordinate collusion among suppliers who would otherwise compete on price.
Bolded and enlarged (to 12px) axis labels to match binding-File:Binding-price-ceiling.svg: 07:26, 11 October 2011: 350 × 350 (5 KB) Trlkly: Fixed cropping problem. Changed font to 11px DejaVu Sans and moved text around. 03:49, 11 December 2006: 350 × 350 (8 KB) Yuyudevil (del) (cur) 06:47, 30 November 2006 . .
Date/Time Thumbnail Dimensions User Comment; current: 21:31, 21 April 2024: 900 × 900 (6 KB): Rubýñ: Further minified SVG. Added IDs for ease of editing. Removed stroke covered by price ceiling.
An ineffective, non-binding price floor, below equilibrium price. A price floor could be set below the free-market equilibrium price. In the first graph at right, the dashed green line represents a price floor set below the free-market price. In this case, the floor has no practical effect.
Mortise locks may include a non-locking sprung latch operated by a door handle. Such a lock is termed a sash lock. A simpler form without a handle or latch is termed a dead lock. Dead locks are commonly used as a secure backup to a sprung non-deadlocking latch, usually a pin tumbler rim lock. [note 1] [according to whom?]
A time lock is a clock that prevents the vault's door from opening until a specified number of hours have passed. This is still the "theft proof" lock system that Sargent invented in the late nineteenth century. Such locks are manufactured by only a few companies worldwide. The locking system is supplied to the vault manufacturer preassembled.
The Chubb detector lock is a variation of the lever lock which was designed to detect and prevent picking attempts. Lever locks can be drilled, but usually a template or stencil is required to mark the drilling point, as the lock mechanism is commonly mortised into the door and so it is harder to determine the point at which to drill.
Metal fire-resistance rated door with a lockset consisting of a locking latch bolt operated by lever handle with an escutcheon that encompasses the locking mechanism.. A lockset (alternatively lock set) is the hardware and components that make up the locking or latching mechanism that can usually be found on a door or other hinged object but can also include sliding doors and dividers. [1]