A Persistent Shortage May Occur If

question 52

Multiple Choice

A persistent shortage may occur if:

• A)the government imposes a price ceiling below the equilibrium price.
• B)the government imposes a price floor below the equilibrium price.
• C)demand keeps falling.
• D)supply shifts rightward.

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Definitions:

Persuasive Tone

A manner of expression designed to influence or convince the audience of a particular viewpoint or action.

Exaggerated Language

The use of overstatement or hyperbolic expressions to convey a point more forcefully, often not meant to be taken literally.

Appreciation Message

Communication that expresses gratitude or recognition of someone's efforts, achievements, or qualities.

Supervisor

An individual who oversees and manages the work and performance of a team to ensure objectives and goals are met efficiently.