Which of the Following Can Occur If Price Controls Are

question 70

Multiple Choice

Which of the following can occur if price controls are imposed on a product?

• A)Persistent shortages
• B)Illegal markets
• C)Illicit channels of distribution
• D)Industry investment slows or stops
• E)All of these responses are correct.

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Definitions:

Occipital Bone

A bone at the lower back part of the skull, contributing to the cranial cavity's posterior wall and base.

Spinalis Cervicis

The spinalis cervicis is a muscle in the back of the neck that is part of the erector spinae muscle group, aiding in extending the cervical spine (neck).

Longus Colli

A deep muscle of the vertebral column, located in the neck region, responsible for flexing the neck and head.

Quadrates Lumborum

A muscle in the lower back on either side of the lumbar spine, playing a crucial role in stabilizing the pelvis and spine.