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Which of the Following Is True

question 192

Multiple Choice

Which of the following is true?
i.A price ceiling set below the equilibrium price decreases search activity.
ii.A minimum wage is an example of a price ceiling.
iii.A price support decreases the quantity consumed.


Definitions:

Negative Review

A critical evaluation or comment, typically public, expressing dissatisfaction with a product or service.

Slander Of Quality

The publication of false information about another’s product, alleging that it is not what its seller claims; also called trade libel.

Slander Of Title

The publication of a statement that falsely denies or casts doubt on another’s legal ownership of property, causing financial loss to that property’s owner.

Digital Ad

Advertisement delivered through digital channels such as websites, social media, email, and mobile applications to promote products or services.

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