If the Equilibrium Price for Some Product Is $1000, a Price

question 53

Multiple Choice

If the equilibrium price for some product is $1000, a price ceiling of $800 will result in

• A) massive surpluses of the good.
• B) the same general effects as a price ceiling of $600.
• C) no effects because the price ceiling is not binding at that price.
• D) the same general effects as a price ceiling of $1200.
• E) the same general effects as a price floor of $1200.

---

Definitions:

Impotence

The inability to achieve or maintain an erection sufficient for satisfactory sexual performance, also known as erectile dysfunction.

Arousal Disorder

A category of sexual dysfunction disorders characterized by a failure to become physically aroused or maintain arousal during sexual activity.

Sexual Excitement Phase

The initial stage of the human sexual response cycle, marked by increased blood flow to the genitals, nipple erection, and increased heart rate.

Male Hypoactive Sexual Desire

A condition experienced by men involving a deficiency or absence of sexual fantasies and desire for sexual activity.