What Is the Amount of the Shortage or Surplus in the Market

question 73

Multiple Choice

What is the amount of the shortage or surplus in the market for public transportation when the price ceiling is $1.75?

• A)100,000
• B)86,000
• C)75,000
• D)40,000
• E)0 (zero)

---

Definitions:

Autonomous Stage

A phase of learning or development where an individual becomes capable of performing tasks independently and efficiently without guidance.

Power

Power in a social or psychological context can refer to the capability or capacity to influence the behavior of others or the course of events.

Choices

Decisions or options from which one or more may be selected.

Autonomous Stage

The stage in skill development where individuals can perform tasks without external guidance, relying on internalized knowledge and expertise.