-Refer to the Above Figure

question 394

Multiple Choice

-Refer to the above figure. If a price ceiling of $3 was set

• A) the quantity sold would be 80 units.
• B) there would be a surplus of 40 units.
• C) there would be a shortage of 40 units.
• D) there would be a shortage of 20 units.

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Definitions:

Bronze Shaka Triad

A historical bronze sculpture or set of sculptures from Japan depicting Buddha Shakyamuni flanked by two attendants, showcasing Buddhist art.

Horyuji Complex

A historic Buddhist temple complex in Ikaruga, Nara Prefecture, Japan, known for its pagoda and main hall, representing some of the oldest wooden buildings in the world.

Tori Busshi

A renowned Japanese sculptor from the Asuka period, credited with creating the iconic Buddhist statue Shaka Nyorai.

Shingon Buddhism

A major school of Japanese Buddhism, characterized by esoteric teachings, rituals, and practices aimed at achieving enlightenment.