An Outcome That Can Result from Either a Price Ceiling

question 95

Multiple Choice

An outcome that can result from either a price ceiling or a price floor is

• A)a surplus in the market.
• B)a shortage in the market.
• C)a nonbinding price control.
• D)long lines of frustrated buyers.

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Definitions:

Form Events

Actions or occurrences that happen during the lifecycle of a form in an application, such as when a form is opened or data is submitted.

After Update

An event triggered in database applications after a change has been made to a data field or record.

Field

A basic unit of data storage in databases, representing a specific piece of information within a record.

Procedure

A set of coded instructions in a database or programming environment designed to perform a specific task or operation.