Use the Following to Answer Questions

question 133

Multiple Choice

Use the following to answer questions
Figure: Determining Surplus and Loss
-(Figure: Determining Surplus and Loss) In the graph,which price would allow for an effective price ceiling?

• A) $5
• B) $8
• C) $12
• D) $15

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Definitions:

Foreign Investment

Investment in domestic companies and assets of another country by a foreign investor, aiming to gain returns.

Circle

A simple closed shape consisting of all points in a plane that are a given distance from a given point, the centre.