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The Persistent Unwanted Surplus That Results from a Price Floor

question 188

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The persistent unwanted surplus that results from a price floor causes inefficiencies that include all of the following EXCEPT:


Definitions:

Personal Space Zone

An area around individuals which they regard as psychologically theirs, invasion of which can cause discomfort or distress.

Personal Territories

Areas or spaces that individuals consider their own, marking them off from others to maintain privacy and control.

Group Territory

The physical or conceptual space that a group identifies as its own, often defending it against outsiders.

Decreasing Communication

A reduction in the frequency, quality, or effectiveness of interactions and information exchange between individuals or groups.

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