Refer to the Graph Shown

question 30

Multiple Choice

Refer to the graph shown. An effective price ceiling at $3 causes consumer surplus to:

• A)increase from 80 to 120.
• B)fall from 110 to 80.
• C)increase from 120 to 130.
• D)fall from 130 to 120.

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Definitions:

Oral Medications

Medicines taken by mouth to be absorbed through the digestive system, used to treat a wide range of illnesses and conditions.

Topical Application

The act of applying a substance directly onto a particular area of the skin or mucous membranes for local effect.

Direct Application

The process of directly administering substances, treatments, or forces to a specific area or problem for therapeutic purposes.

Scored Tablet

A tablet medication marked with a line that allows it to be easily split into equal doses.