Which of the Following Is Correct When a Price Floor

question 91

Multiple Choice

Which of the following is correct when a price floor is set above the equilibrium price?

• A)quantity supplied is less than quantity demanded at the set price
• B)quantity supplied is equal to quantity demanded at the set price
• C)at the set price there will be a shortage
• D)The market price is greater than the price floor
• E)quantity supplied exceeds quantity demanded at the set price

Learn about the different views and phases within supply chain management including the push/pull view, planning, design, and the roles of CRM and SRM.

Understand the structure and function of presynaptic and postsynaptic components in the nervous system.

Recognize the anatomical features and layers surrounding nerve fibers.

Identify the roles and mechanisms of neurotransmitters in synaptic transmission.