When a Binding Price Floor Is Imposed on a Market

question 62

Multiple Choice

When a binding price floor is imposed on a market,

• A)price no longer serves as a rationing device.
• B)the quantity demanded at the price floor exceeds the quantity that would have been demanded without the price floor.
• C)all sellers benefit.
• D)All of the above are correct.

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Relating to the biological aspects of organisms and their functions, often in contrast to environmental or social influences.

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Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

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