Price Controls

question 140

Multiple Choice

Price controls:

• A) are regulations that set a maximum or minimum legal price for a particular good.
• B) allow a market to reach equilibrium.
• C) prevent a good from being bought or sold.
• D) All of these are correct.

---

Definitions:

Tongue

A muscular organ in the mouth that is involved in taste, swallowing, and speech.

Hydrochloric Acid

A strong, corrosive acid that is a major component of stomach acid, helping in the digestion of food and killing bacteria.

Sacrococcygeal

Pertaining to the sacrum and coccyx, the lower part of the spine consisting of the fused sacral vertebrae and the coccygeal bone.

Sac

a hollow, flexible structure resembling a bag or pouch, typically containing fluid or other substances.