Use the following to answer questions
Figure: Determining Surplus and Loss 
-(Figure: Determining Surplus and Loss)In the graph,a price of $12 would allow for an effective price floor.
Definitions:
Paternalism
The policy or practice on the part of people in positions of authority of restricting the freedom and responsibilities of those subordinate to or dependent upon them, supposedly for the latter’s own good.
Task System
A labor system predominantly used in the rice and indigo plantations of the American South, where enslaved people were assigned specific tasks to complete each day, after which they had some personal time.
Historical Significance
The importance assigned to a past event, character, or invention, reflecting its impact on history and its influence on future developments or attitudes.
Underground Railroad
A network of secret routes and safe houses used in the United States during the 19th century to help enslaved African Americans escape to free states and Canada.
Q50: (Figure: Interpreting Market Shifts)The graph shows how
Q74: In economics,the term capital refers to:<br>A) money
Q90: For most goods,as their prices rises,fewer units
Q98: Full employment on a PPF is shown
Q114: Increased government regulation can cause the aggregate
Q138: In the short run,the aggregate supply curve
Q228: Ceteris paribus,a decrease in the number of
Q234: In the context of the production possibilities
Q249: (Figure: Determining Surplus and Loss)In the graph,if
Q283: (Figure: Determining Surplus and Loss)In the graph,consumer