If the Support Price Is Set Below the Equilibrium Market

question 93

Multiple Choice

If the support price is set below the equilibrium market price,

• A)A surplus will result.
• B)A shortage will result.
• C)The equilibrium price will result.
• D)There will be upward pressure on prices.

---

Definitions:

Imaginary Unit

The imaginary unit, denoted as \(i\), is a complex number that satisfies the equation \(i^2 = -1\).

Standard Form

A way of writing numbers using the digits 0-9, with each digit having a place value; in algebra, it refers to a specific way of writing equations.

Imaginary Unit

The imaginary unit, denoted as \(i\), is defined as the square root of \(-1\), used in complex number arithmetic.

Imaginary Unit

A complex number, usually denoted by i, defined as the square root of -1.