With Reference to the Graph Above,if the Intended Aim of the Price

question 79

Multiple Choice

With reference to the graph above,if the intended aim of the price ceiling set at $6 was a net increase in the well-being of consumers:

• A) then the policy was effective since consumers gained in surplus overall.
• B) then the policy was ineffective since consumers gained in surplus overall.
• C) then the policy was ineffective since consumers lost surplus overall.
• D) then the policy was effective since consumers lost surplus overall.

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Definitions:

Embryo

Stage of a multicellular organism that develops from a zygote before it becomes free-living; in seed plants, the embryo is part of the seed.

Vascular Tissue

Specialized tissue in plants that conducts water and nutrients through the plant body, comprising mainly of xylem and phloem.

Seed

Mature ovule that contains an embryo, with stored food enclosed in a protective coat.

Vascular Plants

Plants that have specialized structures for conducting water and nutrients throughout the organism, including ferns, gymnosperms, and angiosperms.