Use the Following to Answer Question

question 167

Multiple Choice

Use the following to answer question :
-(Figure: Quantity Controls) Use Figure: Quantity Controls.If the government decides to restrict the quantity sold to 100,which statement is FALSE?

• A) Total surplus will fall by areas C and E.
• B) The market is not at the free-market equilibrium.
• C) Consumer surplus is maximized.
• D) Some mutually beneficial transactions have been eliminated.

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Definitions:

Relative Pronouns

Words that introduce relative clauses, connecting them to main clauses, and refer to nouns mentioned previously, like who, whose, which, and that.

Redundancies

The occurrence of unnecessary repetition in expression or function, often leading to inefficiency or excess.

White Space

In design, unmarked areas of a document or webpage, which help to separate or group elements visually, improving readability.

Visual Contrast

The difference in color, brightness, or shape that makes an object or its representation stand out from its surroundings.