-The Above Figure Shows the Market for Apples

question 14

Multiple Choice

-The above figure shows the market for apples.If the government restricts output to no more than 300 pounds,then

• A) 300 pounds of apples will be sold at $3.
• B) 200 pounds of apples will be sold at $3.
• C) no apples will be sold.
• D) None of the above.

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Definitions:

Gainful Employment Rule

A regulation designed to ensure that education programs prepare students for gainful employment in a recognized occupation.

U.S. Department of Education

The U.S. Department of Education is a Cabinet-level department of the United States government focused on establishing policy, administering, and coordinating federal assistance to education.

Crowdfunding

A method of raising capital for a project or venture by asking a large number of people to donate small amounts of money, often via the Internet.

Crowdsourcing

A method where information, ideas, or content is gathered by requesting input from a broad audience, particularly through an online community.