Prolonged Defense of a Price Ceiling Tends to Increase the Supply

question 78

True/False

Prolonged defense of a price ceiling tends to increase the supply of a commodity held by a buffer stock manager, thus putting downward pressure on price.

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Definitions:

Internal Intercostal

Muscles located between the ribs that contract during exhalation, aiding in the forced expiration of air from the lungs.

Coracobrachialis

A muscle in the shoulder that flexes and adducts the arm.

Pectoralis Minor

A thin, triangular muscle located beneath the pectoralis major in the chest, which aids in the movement of the shoulder.

Pectoralis Major

The pectoralis major is a large chest muscle that functions to flex, adduct, and internally rotate the humerus at the shoulder joint.