Examlex

Solved

Supporting Activities Such as Films,speakers,school Programs,and Pamphlets That Educate the Population

question 9

Multiple Choice

Supporting activities such as films,speakers,school programs,and pamphlets that educate the population is a goal of the


Definitions:

Price Floor

A government or regulatory imposed minimum price above which a particular good or service cannot be traded.

Shortage/Surplus

A market condition where the quantity of a good supplied is less/more than the quantity demanded at the market price.

Price Ceiling

A price ceiling is a government-imposed limit on how high a price can be charged for a product or service, intended to protect consumers from prices that are deemed too high.

Shortage/Surplus

A shortage occurs when demand exceeds supply, whereas a surplus happens when supply exceeds demand.

Related Questions