Use the Following to Answer Question

question 15

Multiple Choice

Use the following to answer question
Figure: The Shrimp Market
-(Figure: The Shrimp Market) Use Figure: The Shrimp Market.If the government wants to limit shrimp sales to 500 kilograms,it can impose a price:

• A) floor of $20.
• B) floor of $10.
• C) ceiling of $5.
• D) floor of $15.

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Definitions:

Great Britain

A sovereign state located off the north-western coast of continental Europe, comprising England, Scotland, and Wales.

Commercial Capitalism

An economic system characterized by private ownership of assets and a market-driven economy where goods are produced and sold for profit.

Financial Capitalism

An economic system where financial markets play a critical role in determining the allocation of capital, the pricing of assets, and the management of economic risks.

Industrial Capitalism

An economic and social system in which trade, industry, and capital are privately controlled and operated for profit.