Use the Following to Answer Question

question 181

Multiple Choice

Use the following to answer question:
-(Table: Market for Apartments) Use Table: Market for Apartments.If a government price ceiling of $600 is imposed on this market,the result will be an inefficiency in the form of a _____ million apartments.

• A)surplus of 0.6
• B)surplus of 0.8
• C)shortage of 0.8
• D)shortage of 0.6

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Definitions:

Hunted

The pursuit and capture or killing of wildlife or game for food, recreation, or trade.

Endangered Species

Organisms at risk of extinction across much of their natural range due to environmental changes or human activities.

Extinct

A term used to describe a species that no longer exists anywhere on Earth.

Genetic Traits

Characteristics or attributes of an organism determined by its genetic makeup.