A(n) ____ Turns an Option on (If Checked) or Off

question 38

Multiple Choice

A(n) ____ turns an option on (if checked) or off (if unchecked) .

• A) check box
• B) list box
• C) option button
• D) spin box

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Definitions:

Price Control

Government-imposed limits on the prices that can be charged for goods and services, typically used to curb inflation or prevent shortages and surpluses.

Price Floor

A government or regulatory minimum price set above the equilibrium price, preventing market forces from reducing prices below that level, often applied to agricultural products.

Price Controls

Government-imposed limits on the prices charged for goods and services in a market, typically to curb inflation or protect consumers.

Deadweight Loss

A loss of economic efficiency that can occur when equilibrium for a good or a service is not achieved or is not achievable.