Which of the Following Will Tend to Occur If Price

question 56

Multiple Choice

Which of the following will tend to occur if price floors are imposed on a product?

• A)persistent surpluses 
• B)problems of disposal of goods 
• C)disguised discounts developing to eliminate excess production 
• D)overinvestment in the industry 
• E)All of the above are correct.

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Definitions:

Participation

The act of taking part or being involved in an activity or event.

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors.

Individual Differences

Variations among individuals in their psychological traits, behaviors, and physiological responses.

Nature

The physical world and everything in it that is not made by humans, including plants, animals, landscapes, and other features or products of the earth.