If a Binding Price Ceiling Were Placed in the Market

question 89

Multiple Choice

If a binding price ceiling were placed in the market in the graph shown:

• A) quantity demanded would exceed quantity supplied.
• B) quantity supplied would exceed quantity demanded.
• C) the demand curve would have to shift.
• D) the supply curve would have to shift.

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The process of verifying the history of an individual, typically used by employers to ensure the reliability and safety of potential employees.