Why Do Price Ceilings Tend to Cause Persistent Imbalances in the Market

question 83

Multiple Choice

Why do price ceilings tend to cause persistent imbalances in the market?

• A)Quantity demanded exceeds quantity supplied but price cannot rise to remove the shortage.
• B)Quantity demanded exceeds quantity supplied but price cannot fall to remove the surplus.
• C)Quantity supplied exceeds quantity demanded but price cannot rise to remove the shortage.
• D)Quantity supplied exceeds quantity demanded but price cannot fall to remove the surplus.

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Definitions:

Muscle Contraction

The activation of tension-generating sites within muscle fibers, leading to shortening or elongation that enables movement.

Muscle Strength

The maximum amount of force a muscle or group of muscles can exert in a single effort.

Sedentary Lifestyle

A way of living with little to no physical activity, often leading to increased health risks such as obesity and cardiovascular disease.

Physical Activity

Any bodily movement produced by skeletal muscles that requires energy expenditure, including activities undertaken while working, playing, or doing household chores.