Figure 6-9 -Refer to Figure 6-9.A Price Ceiling Set at

question 371

Multiple Choice

Figure 6-9

-Refer to Figure 6-9.A price ceiling set at

• A) $4 will be binding and will result in a shortage of 3 units.
• B) $4 will be binding and will result in a shortage of 6 units.
• C) $7 will be binding and will result in a surplus of 6 units.
• D) $7 will be binding and will result in a surplus of 12 units.

---

Definitions:

Achievement Tests

Standardized tests designed to assess a person's level of skill, accomplishment, or knowledge in a specific area.

Nurture

The influence of external factors like environment and upbringing on the development and behavior of an individual.

Development

is the process of change and growth over time, which can include physical, cognitive, emotional, and social aspects.

Ethical Safeguards

Measures put in place to ensure ethical standards are upheld, protecting participants in research or clients in professional settings.