Figure: Price Ceiling Reference: Ref 8-1 (Figure: Price Ceiling)

question 40

Multiple Choice

Figure: Price Ceiling Reference: Ref 8-1 (Figure: Price Ceiling) Refer to the figure. If a price ceiling were set at $12, there would be a:

• A) shortage of 50 units.
• B) surplus of 40 units.
• C) shortage of 0 units.
• D) surplus of 20 units.

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Definitions:

Pulmonary Artery

Artery that carries oxygen-poor blood from the heart to a lung.

Carries Blood

Refers to vessels in the cardiovascular system, such as arteries, veins, and capillaries, that transport blood throughout the body.

Leader Behavior Description Questionnaire

A tool used to assess the behaviors and characteristics of leaders by gathering observations from subordinates.