If You Were a Politician,why Would You Find It Difficult

question 151

Multiple Choice

If you were a politician,why would you find it difficult to remove a binding price ceiling?

• A) because it greatly benefits firms, and they would spend a lot of money to lobby against the law's repeal
• B) because it greatly benefits government, which receives additional tax revenue as a result
• C) because it greatly benefits all consumers, and they are also voters
• D) because it greatly benefits some consumers who are also voters
• E) because it greatly benefits society as a whole, with all consumers able to buy as much as firms produce

---

Definitions:

Conditioned Stimulus

A previously neutral stimulus that, after being repeatedly associated with an unconditioned stimulus, starts to elicit a conditioned response.

Self-Esteem

An individual’s general feeling of self-worth.

Internal Locus Of Control

A psychological concept indicating that individuals believe they have control over the outcomes of events in their lives, as opposed to external forces.

Performers

Individuals or groups who execute actions or tasks to achieve specified outcomes, often evaluated based on their efficiency and effectiveness.