When There Is a Price Ceiling There Will Be

question 6

Multiple Choice

When there is a price ceiling there will be

• A)a shortage.
• B)a surplus.
• C)either a shortage or a surplus.
• D)neither a shortage nor a surplus.

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Definitions:

Moral Realism

The judgment of acts as moral when they conform to authority or to the rules of the game.

Divergent Thinking

Free and fluent association to the elements of a problem.

Seriation

Involves the ability to arrange objects in order by size, shape, or any other characteristic, marking an essential skill in cognitive development.

Increasing Order

Arranging items or values so that each successive item is larger or greater than the preceding one.