Price Controls Cause Resources to Be Misallocated By

question 28

Multiple Choice

Price controls cause resources to be misallocated by:

• A) distorting the signals of suppliers' willingness to supply and eliminating the incentives for demanders to pay.
• B) distorting the signals of demanders' willingness to pay and eliminating the incentives for suppliers to supply.
• C) distorting the incentives for suppliers to supply and eliminating the signals of demanders' willingness to pay.
• D) distorting the incentives for demanders to pay and eliminating the signals of suppliers' willingness to supply.

---

Definitions:

Turnover Rate

The percentage of employees leaving an organization within a specific period, which can be indicative of the work environment's health and employee satisfaction.

Resistance to Change

The reluctance or refusal to adapt to changes that occur within an organization or environment, often stemming from fear, uncertainty, or attachment to existing processes.

Informed Change Agent

An individual or entity that actively promotes and manages change within an organization, equipped with the necessary knowledge and insights to guide the process effectively.

Basic Checkpoints

Are predefined points in a process or project at which progress, quality, compliance, or other critical factors are evaluated.