Which of the Following Describes a Difference Between a Price

question 240

Multiple Choice

Which of the following describes a difference between a price support and a price ceiling?

• A) A price support creates a deadweight loss while a price ceiling does not.
• B) A price ceiling is a regulated price while a price support is a regulated quantity.
• C) A price support decreases the quantity while a price ceiling does not.
• D) A price ceiling increases the price above the equilibrium price while a price support does not.
• E) A price support attempts to raise the price above the equilibrium price while a price ceiling does not.

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Definitions:

ObjectOutputStream

A Java class used to serialize objects into a binary format for persistence or transmission.

WriteInt

WriteInt is typically a method or function in programming used to output or write an integer value to a file, console, or other output streams.

Println

The println method in Java is used to print messages to the console or output stream, moving the cursor to the next line after the message is printed.

I/O Device

Input/Output Device; hardware used by a computer to communicate with the external environment, such as keyboards, mice, printers, and monitors.