Use the following to answer questions:
Figure: Price Controls 
-(Figure: Price Controls) Look at the graph Price Controls. An effective price floor would be at price _____ and a _____ would result from the difference between points _____.
Definitions:
Ethical Policy
A set of guidelines that outlines the principles and values governing the behavior of individuals or organizations.
Duress
Compulsion, force, or pressure applied to someone to coerce them into taking an action against their will or better judgement.
Unilateral Mistake
A situation in contract law where only one party holds an incorrect belief about a basic assumption on which a contract is based, potentially affecting the enforceability of the contract.
Mutual Mistake
A situation in a contract where all parties involved have a common but erroneous belief regarding a vital fact about the contract terms.
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