Mortimer Loves Sushi

question 23

Multiple Choice

Mortimer loves sushi.He loves sushi so much that he asks his congressional representative to work for passage of a binding price ceiling law.Who would be affected by this law and how?

• A) Sellers would benefit from such a law because they would receive a higher price for their product.
• B) Consumers would benefit from such a law because prices would be lower and all would be able to purchase sushi cheaply.
• C) Consumers would benefit from such a law because the sushi would be made of higher-quality fish, and each serving would be larger than it had been with no binding price ceiling in place.
• D) Some consumers would benefit from such a law because prices for sushi would be lower for those able to buy it in the legal market.
• E) Sellers would benefit from such a law because they would be able to sell higher-quality sushi and thus capture a larger share of the market.

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Definitions:

Bundle Sheath Cells

Specialized cells in plant leaves that form a sheath around the vascular bundles, playing a crucial role in the process of photosynthesis.

Chloroplasts

Organelles found in plant cells and some algae that conduct photosynthesis, absorbing sunlight and converting it into energy while producing oxygen as a byproduct.

Cellular Respiration

The process by which cells convert glucose and oxygen into energy, carbon dioxide, and water.

Photosynthesis

The process by which green plants and some other organisms use sunlight to synthesize nutrients from carbon dioxide and water, producing oxygen as a byproduct.