Figure 6-2 -Refer to Figure 6-2.The Price Ceiling

question 208

Multiple Choice

Figure 6-2

-Refer to Figure 6-2.The price ceiling

• A) causes a shortage of 45 units of the good.
• B) makes it necessary for sellers to ration the good.
• C) is not binding because it is set below the equilibrium price.
• D) Both a) and b) are correct.

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A social construct related to behavioral, cultural, or psychological traits typically associated with one's sex.

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A child development theory that emphasizes the learning of behavior from others, based on the belief that consequences control behavior.

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