The Table Given Below Reports the Quantity Demanded and Supplied

question 79

Multiple Choice

The table given below reports the quantity demanded and supplied of a commodity at different prices in a market.Table 3.5

-Refer to Table 3.5. If government imposes a price ceiling of $4:

• A)the price ceiling will not have an effect.
• B)the price will fall to $1 because producers will be forced to incur losses.
• C)demand will increase.
• D)a surplus will result equal to 20 units.
• E)a shortage will result equal to 20 units.

---

Definitions:

Suicide

The act of intentionally causing one's own death, often as a response to distress, mental illness, or a sense of despair.

Dissociative Amnesia

Dissociative disorder characterized by extreme memory loss that is caused by extensive psychological stress.

Dissociative Identity Disorder

A severe form of dissociation, a mental disorder characterized by the presence of two or more distinct personality states or identities controlling an individual's behavior at different times.

Distinction

A difference or contrast between similar things or people, often used to categorize or evaluate quality.