Refer to the Information Provided in Figure 13

question 225

Multiple Choice

Refer to the information provided in Figure 13.10 below to answer the question(s) that follow. Figure 13.10
-Refer to Figure 13.10. If the government imposed a ________ on this firm, the firm would sell to 2,500 subscribers but would require a subsidy of $1,250 to stay in business.

• A) price floor of $12
• B) price floor of $12.50
• C) price ceiling of $12
• D) price ceiling of $12.50

---

Definitions:

Needle Holder

A surgical instrument used by doctors to hold a needle while suturing tissues.

Detergent

A chemical compound used to remove dirt and grease, commonly used in cleaning processes due to its surfactant properties.

Ratchet

Locking mechanism of an instrument.

Locking Mechanism

A device or feature designed to prevent the operation or movement of a piece of machinery or equipment until it is unlocked.