Price Controls

question 109

Multiple Choice

Price controls

• A)always produce an equitable outcome.
• B)always produce an efficient outcome.
• C)can generate inequities of their own.
• D)produce revenue for the government.

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Definitions:

Theory of Evolution

A scientific explanation of how species change over time through mechanisms like natural selection and genetic variation.

Charles Darwin

A 19th-century British naturalist who developed the theory of natural selection, significantly contributing to the understanding of evolutionary biology.

Gene Mutation

A permanent alteration in the DNA sequence that makes up a gene, which can affect how a gene functions, potentially leading to genetic disorders or variations.

Survival of the Fittest

A concept from evolutionary biology, suggesting that organisms best adapted to their environment are more likely to survive and reproduce.