If a Store Sells a Good at the Market Price,even

question 159

Multiple Choice

If a store sells a good at the market price,even though the government authorities have set the minimum price that can be charged,the store is selling the good in a(n)

• A) black market for a market price that is higher.
• B) black market for a market price that is lower.
• C) effort to eliminate a surplus of the good.
• D) legal market for a market price that is higher.
• E) legal market for a market price that is lower.

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Definitions:

Cerebrovascular Accident

A medical term for a stroke, a condition where the blood supply to a part of the brain is interrupted or reduced, causing brain cells to die.

Abbreviation

A condensed version of a word or phrase designed to make communication easier.

Herniated Disk Syndrome

A condition where the cushion-like pads between the vertebrae move out of position and press on adjacent nerves, causing pain.

Abbreviation

A brief version of a word or phrase designed for simplicity.