A Price Ceiling Will Have No Effect If

question 59

Multiple Choice

A price ceiling will have no effect if:

• A) it is set above the equilibrium price.
• B) the equilibrium price is above the price ceiling.
• C) set below the equilibrium price.
• D) it creates a shortage.

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Definitions:

Differential White Blood Cell Count

A test that measures the percentages of different types of white blood cells in the blood, used to diagnose and monitor diseases.

Lymphocytes

A type of white blood cell integral to the immune system, with roles in adaptive immunity, including B cells and T cells.

Parasitic Worm Infection

An infestation by helminths, a group of parasitic worms, that can cause disease and malnutrition in humans.

Thrombocytes

Another term for platelets, which are blood cells involved in blood clotting.