____________________ Statements Are Lines of Text That Explain or Document

question 25

Short Answer

____________________ statements are lines of text that explain or document a program step or series of steps.

---

Definitions:

Deadweight Loss

An economic inefficiency that occurs when market equilibrium is not achieved or is distorted, typically due to a price floor, ceiling, or tax.

Price Control

A government-imposed limit on the price charged for a product.

Price Ceiling

A legal maximum price that can be charged for a good or service.

Own Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, ceteris paribus.