Reference: Ref 8-2 (Figure: Price Controls) Refer to the Figure

question 145

Multiple Choice

Reference: Ref 8-2 (Figure: Price Controls) Refer to the figure. If the government imposes a price ceiling in this market at a price of $6, the result would be a:

• A) surplus of 20 units.
• B) surplus of 10 units.
• C) shortage of 20 units.
• D) shortage of 10 units.

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Definitions:

Arteriole

A small diameter blood vessel in the microcirculation that extends and branches out from an artery and leads to capillaries.

Ascending Aorta

Part of the aorta from which the coronary arteries arise.

Coronary Arteries

Major blood vessels that supply the heart muscle (myocardium) with oxygenated blood and nutrients.

Brachiocephalic Arteries

Major blood vessels originating from the aortic arch that supply blood to the right arm and the head and neck.