A Price Floor

question 20

Multiple Choice

A price floor

• A) always results in a surplus.
• B) always results in a shortage.
• C) results in a surplus if the floor price is higher than the equilibrium price.
• D) results in a shortage if the floor price is higher than the equilibrium price.

Identify the types of information provided by different methods of test score interpretation.

Comprehend the differences between various types of tests, including aptitude, achievement, and intelligence tests.

Recognize the relevance of test settings and their impact on test outcomes.

Understand the concept of psychological test as a sample of behavior.