Which of the Following Often Occurs as a Result of a Price

question 171

Multiple Choice

Which of the following often occurs as a result of a price ceiling?

• A)More of a product is produced than people are willing to buy.
• B)The product becomes unavailable.
• C)Consumers wanting to buy the product form long lines.
• D)Low-income people find it harder to obtain the product.
• E)Black markets for the product disappear.

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Definitions:

Birth Rates

The number of live births per thousand of population per year, a key demographic indicator often used to assess population growth or decline.

Outpatient Treatment

Medical care or treatment given to patients who visit a healthcare facility but do not require overnight stay.

Problems in Living

Difficulties or challenges encountered in daily life that may affect one’s mental or physical well-being.

Anxiety and Depression

Mental health disorders characterized by persistent feelings of worry, anxiety, or fear, and pervasive low mood or loss of interest in activities, respectively.