Which of the Following Will Tend to Occur If Price

question 14

Multiple Choice

Which of the following will tend to occur if price floors are imposed on a product?

• A)Persistent surpluses
• B)Problems of disposal of goods
• C)Disguised discounts developing to eliminate excess production
• D)Overinvestment in the industry
• E)All of these responses are correct.

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Definitions:

Diaphoresis

Excessive sweating, often due to an underlying medical condition or physiological response to stress.

Inattention

A lack of focus, concentration, or attentiveness to a task or the environment.

Decreased Perceptual Field

A reduction in the range or scope of sensory awareness and interpretation, often resulting from neurological conditions or sensory impairments.

Proper Authorities

Official organizations or individuals vested with the legal power to enforce laws, regulations, or carry out government functions.