-In the Graph Shown Above,if the Government Set a Price

question 44

Multiple Choice

-In the graph shown above,if the government set a price ceiling of $45

• A)there would be a surplus.
• B)there would be a shortage.
• C)there would be no effect as buyers and sellers already agree on equilibrium price and quantity.
• D)there would be a temporary surplus,then price would fall to equilibrium price.

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Definitions:

Obsessive-compulsive Disorder

A mental health disorder characterized by repetitive, unwanted thoughts (obsessions) and behaviors (compulsions).

Repetitive Thoughts

The process of thinking about the same thoughts over and over again, which can be a symptom of various mental health conditions.

Ritualized Behaviors

Actions performed in a prescribed manner that are often symbolic and may be part of religious or cultural practices.

Generalized Anxiety Disorder

A mental health disorder characterized by persistent and excessive worry about various aspects of life, not limited to any specific situation or object.