A Surplus Results When a

question 197

Multiple Choice

A surplus results when a

• A)nonbinding price floor is imposed on a market.
• B)nonbinding price floor is removed from a market.
• C)binding price floor is imposed on a market.
• D)binding price floor is removed from a market.

---

Definitions:

Door-In-The-Face Technique

A persuasion strategy involving making a large request that is expected to be rejected so that a smaller request will seem more reasonable.

Delinquent Youths

Young people who engage in illegal or antisocial activities.

Bystander Apathy

A social psychological phenomenon where individuals are less likely to offer help to a victim when other people are present.

Groupthink

A mental phenomenon in which the need for agreement or uniformity within a group leads to illogical or ineffective decision-making results.