Figure 4-17 -Refer to Figure 4-17. Which of the Following Price Controls

question 45

Multiple Choice

Figure 4-17
-Refer to Figure 4-17. Which of the following price controls would cause a shortage of 10 units of the good?

• A) a price ceiling of $5.50
• B) a price floor of $5.50
• C) a price ceiling of $6.50
• D) a price floor of $6.50

---

Definitions:

Avoidant

Characterized by a tendency to avoid certain situations, feelings, or engagements due to fear, discomfort, or perceived risks.

McDougall

A psychologist known for his contributions to the field of social psychology and the concept of instinct theory.

Instinct

Innate drive or impulse, genetically transmitted.

Attachments

Emotional bonds formed between individuals, crucial for personal development and influencing later relationships.