The Persistent Unwanted Surplus That Results from a Price Floor

question 177

Essay

The persistent unwanted surplus that results from a price floor creates inefficiencies that include all of the following except:
A.inefficiently low quality.
B.inefficient allocation of sales among sellers.
C.wasted resources.
D.the temptation to break the law by selling below the legal price.

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Definitions:

Computerized Axial Tomography

An imaging procedure that uses a series of X-ray measurements taken from different angles to produce cross-sectional images of the body, often used in the diagnosis and treatment of neurological conditions.

Stroke

A medical condition that occurs when the blood supply to part of the brain is interrupted or reduced, causing brain cells to die and leading to sudden loss of function.

Memory Loss

A condition characterized by a significant decrease in the ability to remember and recall information from the past.

Forebrain

The brain’s largest division and its most forward part.