-Refer to Exhibit 4-1

question 70

Multiple Choice

-Refer to Exhibit 4-1.How many fewer units are bought and sold because of the price ceiling than would have been bought and sold at the equilibrium price?

• A) 50
• B) 60
• C) 65
• D) 100

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Definitions:

Ozone

Triatomic oxygen (O3); an oxygen molecule consisting of three bonded oxygen atoms. The ozone layer in the Earth’s stratosphere helps protect the atmosphere from harmful solar ultraviolet radiation.

CFCs

Chlorofluorocarbons, a class of chemicals used in refrigerants and aerosol propellants, known to contribute to ozone layer depletion.

Upper Atmosphere

The region of Earth's atmosphere that is above the troposphere, including the stratosphere, mesosphere, thermosphere, and exosphere.

A/C Circuit

A closed path designed for the flow of electrical current to operate air conditioning systems, including components such as compressors, motors, and capacitors.