If a Price Ceiling Results in a Shortage of the Good

question 106

Multiple Choice

If a price ceiling results in a shortage of the good, which of the following will NOT ration the demand:

• A)queuing mechanisms that get people to wait in long lines
• B)discrimination by the seller
• C)an increase in the price of the good
• D)none of the above

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Definitions:

Personalized Power Motivation

The desire to control or influence others for personal gain or satisfaction, often seen in leadership contexts.

Leadership Effectiveness

The capacity of a leader to achieve desired results or reach goals through influencing others.

Leadership Position

A role within an organization that holds authority and responsibility, often involving guiding and directing others.

Traits And Skills

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