Use the Following to Answer Questions

question 104

Multiple Choice

Use the following to answer questions
Figure: Understanding Price Ceilings and Floors
-(Figure: Understanding Price Ceilings and Floors) In the graph,if the government sets a price of $75,this is an example of an:

• A) effective price ceiling.
• B) effective price floor.
• C) efficient price ceiling.
• D) efficient price floor.

---

Definitions:

Delivery Salespeople

Individuals who both deliver goods and generate sales, often directly to the customer's location.

Stocking Shelves

The process of replenishing retail or warehouse shelf space with goods to ensure products are available for purchase or distribution.

Digital Era

The current period characterized by the widespread use of digital technologies transforming social, economic, and cultural dynamics.

Technological Innovations

The development and application of new technologies and ideas that improve products, processes, or services.