What Is the Value of =4+3*2^2

question 13

Multiple Choice

What is the value of =4+3*2^2?

• A) 16
• B) 28
• C) 40
• D) 196

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Definitions:

Shortage

A situation where demand for a product or service exceeds its supply in a market.

Surplus

The amount by which the quantity supplied of a good exceeds the quantity demanded at a specific price.

Price Ceiling

A legal maximum price set below the equilibrium price, preventing sellers from charging more than this amount.

Price Floor

A government-imposed minimum price set above the equilibrium price, preventing market prices from falling below a certain level.