A Binding Price Floor Is a

question 24

Multiple Choice

A binding price floor is a

• A)minimum price,below equilibrium,below which price is not allowed to fall.
• B)maximum price,above equilibrium,which price is not allowed to exceed.
• C)minimum price,above equilibrium,below which price is not allowed to fall.
• D)maximum price,below equilibrium,which price is not allowed to exceed.
• E)any minimum price below which price is not allowed to fall.

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Definitions:

Cessation

The process of ending or being brought to an end.

Breathing

The process of inhaling oxygen and exhaling carbon dioxide from the atmosphere.

Epiglottis

A flap of cartilage located at the root of the tongue, which is depressed during swallowing to cover the opening of the windpipe.

Trachea

The windpipe, a large airway that leads air in and out of the lungs.