A Price Ceiling Would Result in A(n)

question 28

Multiple Choice

A price ceiling would result in a(n)

• A)surplus.
• B)shortage.
• C)increase in equilibrium price.
• D)decrease in equilibrium price.
• E)increase in quantity supplied.

Analyze the role of self-regulation in personality and behavior.

Assess the influence of environmental and situational factors on personality expression.

Examine the role of optimism, pessimism, and unrealistic optimism in personal outcomes.

Understand the importance of scientific methods in studying personality from a positive psychology perspective.

---

Definitions:

Quorum

The minimum number of members that must be present at a meeting to make the proceedings of that meeting valid.

Shareholder Meetings

Gatherings of a corporation's shareholders, held to discuss company affairs, make decisions, and vote on corporate governance matters.

Outstanding Shares

The total number of shares of a corporation's stock that are currently owned by all its shareholders, including shares held by institutional investors and restricted shares owned by the company’s officers and insiders.

Cumulative Voting

A method of voting used in corporate elections that allows shareholders to allocate their total votes in any proportion among candidates.