Binding Price Ceilings Benefit Consumers Because They Allow Consumers to Buy

question 50

True/False

Binding price ceilings benefit consumers because they allow consumers to buy all the goods they demand at a lower price.

---

Definitions:

Calorie

A unit of energy often used to measure the energy content in food and beverages, essential for human health and activity.

Energy

The capacity to do work or the power derived from the utilization of physical or chemical resources.

Food

Any nutritious substance that people or animals eat or drink to maintain life and growth.

Fat

A natural oily or greasy substance occurring in animal bodies, especially when deposited as a layer under the skin or around certain organs.