Supernovas Are Thought to Always Result in

question 22

Multiple Choice

Supernovas are thought to always result in

• A)neutron stars.
• B)red giant stars.
• C)regular stars like our Sun.
• D)white dwarfs.
• E)black dwarfs.

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Definitions:

Deadweight Loss

An economic inefficiency that occurs when market equilibrium is not achieved or is distorted, typically due to a price floor, ceiling, or tax.

Price Control

A government-imposed limit on the price charged for a product.

Price Ceiling

A legal maximum price that can be charged for a good or service.

Own Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, ceteris paribus.