A Regulated Maximum Price That Is Above the Equilibrium Price

question 38

Multiple Choice

A regulated maximum price that is above the equilibrium price:

• A)will lead to black markets.
• B)will have no effect on the market.
• C)will lead to excess supply in the market.
• D)will lead to excess demand in the market.

---

Definitions:

Addressing Format

Refers to the method and structure used to locate and reference memory locations or peripheral devices in computing systems.

Data Table

The part of processor memory that contains input and output values as well as files where data are monitored, manipulated, and changed for control purposes.

Processor

A central part of any computer or device, responsible for interpreting and executing instructions; it acts as the brain of the system.