The Plans for a Rectangular Deck Call for the Width

question 93

Multiple Choice

The plans for a rectangular deck call for the width to be 10 feet less than the length. Sam wants the deck to have an overall perimeter of 60 feet. What should the length of the deck be?

• A) 20 feet
• B) 10 feet
• C) 35 feet
• D) 30 feet

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Definitions:

Price Ceiling

A government-imposed limit on how high a price can be charged for a product, service, or resource, usually intended to protect consumers from high prices.

Market Equilibrium

A state in a market where the quantity of a good demanded by consumers equals the quantity supplied by producers, leading to a stable price.

Binding Constraint

A restriction or limitation that significantly impacts decision-making or the feasibility of certain actions within an economic model or real-world scenario.

Binding Price Ceiling

A government-imposed limit on the price of a good or service that is set below the market equilibrium price, leading to shortages.