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A Price Control Is

question 130

Essay

A price control is:
A.when a firm controls the price of the good it produces.
B.a legal restriction on how high or low a price in a market may go.
C.an upper limit on the quantity of some good that can be bought or sold.
D.a tax placed on the sale of a good which controls the market price.


Definitions:

Solicited Cover Letter

A cover letter written in response to a job advertisement or where the writer has been directly asked to apply.

Job Opportunity

A vacancy or position of employment available to job seekers.

Contractions

Shortened forms of words or phrases, often used in informal language, including "don't" for "do not."

Cover Letter

A letter attached to a job application detailing the candidate's qualifications and enthusiasm for the vacant role.

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