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Which of the Following Can Create a Deadweight Loss

question 81

Multiple Choice

Which of the following can create a deadweight loss?
i.price supports
ii.price floor
iii.price ceiling


Definitions:

Lawful Instruction

A directive that is in accordance with the law and legal principles, usually given in a professional or contractual relationship.

Obedience

Compliance or adherence to instructions, commands, or laws.

Fiduciary

A person or entity entrusted to manage assets or interests of another with a duty to act in their best interest.

Trust

A fiduciary relationship in which one party holds legal title to property for the benefit of another.

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