Suppose a Price Ceiling Is Set Above the Equilibrium Price

question 229

Multiple Choice

Suppose a price ceiling is set above the equilibrium price. Now suppose that policy makers decide to raise the price ceiling. This increase in the price ceiling will cause which of the following to occur?

• A) The surplus in the market will increase.
• B) The surplus in the market will decrease.
• C) The shortage in the market will increase.
• D) None of the above.

Examine the thematic diversity within Hip Hop music, focusing on the works of De La Soul and A Tribe Called Quest.

Knowledge of significant figures in the Hip Hop industry and their impact on the genre's development.

Understand the transformation and diversification of civil rights organizations in the 1960s.

Recognize the international impact and influence on the African-American civil rights movement.

---

Definitions:

Cyclic Electron Transport

In photosynthesis, the cyclic flow of electrons through photosystem I; ATP is formed by chemiosmosis, but no photolysis of water occurs, and O2 and NADPH are not produced. Compare with noncyclic electron transport.

Noncyclic Electron Transport

In photosynthesis, the linear flow of electrons, produced by photolysis of water, through photosystems II and I; results in the formation of ATP (by chemiosmosis), NADPH, and O2. Compare with cyclic electron transport.

Absorption Spectra

Absorption spectra are the range of wavelengths or frequencies of light absorbed by a substance, each substance having a unique spectrum that can be used to identify it or analyze its properties.

Pigments

Substances that produce color in materials by absorbing certain wavelengths of light and reflecting others, found in nature in plants, animals, and minerals.