Table 6-2 -Refer to Table 6-2.Which of the Following Statements Is Correct

question 220

Multiple Choice

Table 6-2

-Refer to Table 6-2.Which of the following statements is correct?

• A) A price floor set at $5 will be binding and will result in a surplus of 50 units.
• B) A price floor set at $5 will be binding and will result in a surplus of 75 units.
• C) A price floor set at $5 will be binding and will result in a surplus of 125 units.
• D) A price floor set at $5 will not be binding.

---

Definitions:

Exact Route

A specific path or direction taken to reach a destination without deviation.

Driven

Being highly motivated or determined to achieve certain goals or outcomes.

School

An institution for educating children and young people in various subjects, developing skills and knowledge for personal growth and future employment.

Observational Learning

A learning process where individuals change their behaviors by observing and imitating the actions of others.