A Price Ceiling, Such as a Rent Ceiling

question 78

Multiple Choice

A price ceiling, such as a rent ceiling,

• A) results in a surplus if the ceiling price is less than the equilibrium price.
• B) always results in a surplus.
• C) results in a shortage if the ceiling price is less than the equilibrium price.
• D) always results in a shortage.

---

Definitions:

Body Language

Nonverbal communication involving body movement and gestures, which are often unconsciously transmitted and interpreted.

Non-verbal Communication

The act of communicating a message through non-verbal means, such as body movements, facial expressions, and gestures.

Specialized Verbal Language

A form of communication that uses specific technical or professional vocabulary unique to a particular field or profession.

High Context Culture

A culture where communication relies heavily on contextual elements like body language, tone of voice, and societal roles, rather than explicit words.