The Government Sets a Maximum Price of Gasoline at $2

question 264

Multiple Choice

The government sets a maximum price of gasoline at $2 a gallon. This is an example of a

• A) price floor.
• B) price ceiling.
• C) public good.
• D) common property resource.

Comprehend the importance of management in achieving organizational objectives amidst change.

Acknowledge the ethical considerations and pressures faced by managers in modern organizations.

Understand the vital role of human resource management and company culture in long-term organizational success.

Recognize the significance of customer and employee involvement in the quality improvement process.