Which of the Following Is Most Likely to Result from the Imposition

question 103

Multiple Choice

Which of the following is most likely to result from the imposition of a price ceiling on the price charged by a monopolist?

• A)The monopolist will increase output after the imposition of the price ceiling.
• B)The monopolist will increase product quality in order to earn the same level of profit.
• C)The monopolist's profit will increase as a result of the price ceiling.
• D)The monopolist's demand curve will become horizontal for all levels of output.

---

Definitions:

Métis Construction Worker

A construction worker of mixed Indigenous and European ancestry, recognizing the unique cultural and historical backgrounds of Métis people.

Anti-Semite

An Anti-Semite is a person who holds prejudiced beliefs or displays discriminatory behavior towards Jews, based on negative stereotypes and generalizations.

Jew

A member of the Jewish people, an ethnoreligious group originating from the Israelites or Hebrews of the ancient Middle East.

Jean-Paul Sartre

A French existentialist philosopher, playwright, and novelist known for his exploration of freedom, existence, and the absurd.