A Price Control Is

question 166

Multiple Choice

A price control is:

• A)control of the price of a good by the firm that produces it.
• B)a legal restriction on how high or low a price in a market may go.
• C)an upper limit on the quantity of some good that can be bought or sold.
• D)a tax on the sale of a good that controls the market price.

---

Definitions:

Catabolic

Related to catabolism, the process of breaking down complex molecules into simpler ones, releasing energy in the body.

Citric Acid Cycle

A series of chemical reactions used by all aerobic organisms to release stored energy through the oxidation of acetyl-CoA derived from carbohydrates, fats, and proteins.

Oxaloacetic

Relating to oxaloacetic acid, a four-carbon molecule critical in the citric acid cycle for energy production within cells.

Acetyl-CoA

is an important molecule that plays a central role in metabolism, acting as a substrate for the citric acid cycle and fatty acid synthesis.