Which Would Be the Least Likely Result of a Price

question 195

Multiple Choice

Which would be the least likely result of a price ceiling imposed in the market for gasoline?

• A) Buyers line up to buy gasoline.
• B) Buyers bribe station attendants to fill up their tanks.
• C) Some buyers will get less gasoline than they want.
• D) Competition in the market will be eliminated.

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Definitions:

Type 1 Diabetes

A chronic condition where the pancreas produces little or no insulin, leading to high blood sugar levels; typically diagnosed in children and young adults.

Cardiovascular Disease

A general term for conditions affecting the heart or blood vessels, often related to atherosclerosis or heart condition.

Physiological Risk

The potential for bodily harm or adverse health outcomes arising from physical or biological factors.

Hypertension

A chronic medical condition characterized by elevated blood pressure in the arteries, posing a risk for heart disease and stroke.