What Does a Binding Price Ceiling Cause

question 228

Multiple Choice

What does a binding price ceiling cause

• A)a shortage that cannot be eliminated through market adjustment
• B)a surplus that cannot be eliminated through market adjustment
• C)a shortage that is temporary, since market adjustment will cause price to rise
• D)a surplus that is temporary, since market adjustment will cause price to rise

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Definitions:

Oral Presentation

A spoken report or lecture delivered in front of an audience, aimed at sharing information, persuading, or instructing.

6 X 6 Rule

A guideline in presentation design recommending no more than six words per bullet and six bullets per slide to maintain clarity and audience engagement.

Multimedia Slides

Multimedia slides are digital slide presentations that incorporate multiple forms of media, such as text, images, audio, and video, to enhance information delivery.

Nonverbal Message

Relates to the communication of feelings, attitudes, or information without using words, through gestures, facial expressions, body language, and other physical behaviors.