-Refer to the Above Figure

question 394

Multiple Choice

-Refer to the above figure. If a price ceiling of $3 was set

• A) the quantity sold would be 80 units.
• B) there would be a surplus of 40 units.
• C) there would be a shortage of 40 units.
• D) there would be a shortage of 20 units.

---

Definitions:

Hallucinogenic Drug

Substances that cause alterations in perception, mood, and cognitive processes by affecting the brain.

Imaginary Audience

The belief that others around us are as concerned with our thoughts and behaviors as we are; one aspect of adolescent egocentrism.

Self-Conscious

An acute awareness of oneself, one's appearance, or one's actions, often leading to feeling overly concerned with how one is perceived by others.

Personal Fable

A cognitive distortion experienced by adolescents, leading them to believe they are unique and invincible.