A Side Effect of a Price Floor Set Above the Equilibrium

question 241

Multiple Choice

A side effect of a price floor set above the equilibrium price is:

• A) the new price is below equilibrium price.
• B) an excess supply of the good is created.
• C) an excess demand for the good is created.
• D) the supply of the good decreases.
• E) the demand for the good increases.

Compare and assess the advantages and disadvantages of developing internal training programs versus purchasing packaged programs.

Define active practice and explain its relevance in training programs.

Differentiate between massed and distributed practice and understand their benefits.

Comprehend the purposes of training objectives and their significance to trainers, trainees, and managers.

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Definitions:

UV Light

Ultraviolet light, a type of electromagnetic radiation with wavelengths shorter than visible light but longer than X-rays, harmful to living tissue.

Cytosine Dimers

Incorrect pairing of cytosine bases that can occur due to damage, often caused by ultraviolet radiation, leading to mutations.

Purine Base

A type of nitrogenous base found in DNA and RNA, including adenine and guanine, which are essential for genetic information.

Pyrimidine Base

A nitrogenous base that is one of the components of nucleic acids, including cytosine, thymine (in DNA), and uracil (in RNA).