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:

Agreeableness

A trait of personality defined by the presence of empathy, a willingness to collaborate, and the motivation to sustain harmonious social connections.

Big Five

A model outlining five major dimensions of human personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Intellectual Agreeableness

The quality of being easy to communicate with and willing to entertain diverse ideas and viewpoints, contributing to harmonious discourse.

Personality Differences

Variations in the patterns of thinking, feeling, and behavior that distinguish one person from another.