-Which Statement Is False

question 222

Multiple Choice

-Which statement is false?

• A)Rent control is a price floor.
• B)Usury laws can lead to a surplus of loanable funds.
• C)The government,to encourage family farms to stay in business,created price ceilings for corn and wheat.
• D)Price ceilings prevent prices from falling.
• E)All these statements are falsE.

---

Definitions:

Overall Profitability

A measure of the total financial gain or success of a business after all expenses and costs have been subtracted from revenue.

Marginal Subcontracting Cost

The additional cost incurred for each unit or batch of production or service delivery that is outsourced to a subcontractor.

Layoff Cost

The expenses associated with terminating employees, including severance pay, benefits continuation, and administrative costs.

Hiring And Training Cost

The expenses associated with recruiting, hiring, and training employees, which include advertising for positions, interviewing, onboarding, and educational programs.