When Is the Best Time to Study

question 2

Multiple Choice

When is the best time to study?

• A)right after you wake up
• B)before eating a morning meal
• C)whenever you feel most alert
• D)after eating an evening meal

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Definitions:

Price Ceiling

A government-imposed limit on how high a price can be charged for a product or service, typically used to control costs for essential items like food and rent.

Equilibrium Price

The market price at which the quantity of goods supplied is equal to the quantity of goods demanded, representing a state of market balance.

Shortage

A situation where demand exceeds supply, resulting in insufficient availability of a product or service.

Permanent Shortage

A sustained situation where the demand for a good or service persistently exceeds its supply, often due to fixed or limited quantities.