Who Benefits from a Price Ceiling

question 20

Multiple Choice

Who benefits from a price ceiling:

• A) Producers
• B) All consumers
• C) All consumers who can purchase the good
• D) Consumers priced out of the market

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Definitions:

Carl Rogers

An influential American psychologist and one of the founders of the humanistic approach to psychology who emphasized the importance of the self and the therapeutic relationship.

Fully Functioning

A term often used in psychology to describe an individual who is living at their highest potential, often associated with self-actualization.

Childrearing Style

The manner in which parents raise their children, including authoritative, authoritarian, permissive, and uninvolved styles, each with different impacts on child development.

Abraham Maslow

An American psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.