Which of the Following Would Occur Following the Imposition of a Price

question 257

Multiple Choice

Which of the following would occur following the imposition of a price ceiling that sets the price of a good (for example, rental housing) below the market equilibrium?

• A) an improvement in the quality of the good
• B) an increase in the amount of the good available
• C) a shortage of the good
• D) a surplus of the good

---

Definitions:

Selection Interview Process

A structured procedure in recruitment where candidates are evaluated through interviews to determine their fit for a position or an organization.

Creation of Rapport

The process of building a positive relationship based on mutual trust, understanding, and empathy.

High Reliability

The characteristic of organizations, systems, or processes that operate effectively and safely under a wide range of conditions, minimizing errors and accidents.

Interview Results

The outcomes or findings derived from the process of conducting interviews, often used in the context of job candidate evaluations.