Which of the Following Is an Unintended Consequence of Price

question 31

Multiple Choice

Which of the following is an unintended consequence of price ceilings?

• A) The loss of surplus always outweighs the benefits of the policy.
• B) Non-price rationing must occur and can lead to bribes.
• C) The transfer of surplus from producer to consumer rarely is recognized.
• D) Producers will increase the quality of the goods sold.

Learn about the role of dividends and retained earnings within a corporation.

Comprehend the legal and financial separation between a corporation and its stockholders.

Understand how corporate shares influence the rights and responsibilities of stockholders.

Understand the effects of removing price floors and ceilings on market conditions.

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Definitions:

Public Relations Functions

Public Relations Functions encompass a variety of activities aimed at managing and improving the relationship and communication between an organization and its stakeholders.

Crisis Communication

Crisis Communication is the effort by a company or organization to communicate effectively during a crisis to manage perceptions and safeguard its reputation.

Capital Campaigns

Fundraising efforts aimed at raising significant amounts of money for a specific project or endowment within a defined time period.

Health Communication

The study and use of communication strategies to inform and influence individual and community decisions that enhance health.