If the Government Removes a Binding Price Floor from a Market,then

question 22

Multiple Choice

If the government removes a binding price floor from a market,then the price received by sellers will

• A)decrease,and the quantity sold in the market will decrease.
• B)decrease,and the quantity sold in the market will increase.
• C)increase,and the quantity sold in the market will decrease.
• D)increase,and the quantity sold in the market will increase.

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Definitions:

Osteoarthritis

A type of arthritis that occurs when flexible tissue at the ends of bones wears down, causing pain, swelling, and reduced motion in joints.

Abbreviation

A reduced form of a word or phrase.

Calcium

A chemical element and essential nutrient for the body, crucial for bone health and various cellular functions.

Abbreviation

A shortened form of a word or phrase, used to simplify written or spoken language.