-Consider the Above Table

question 265

Multiple Choice

-Consider the above table. Assuming the government imposes a price floor on garbanzo beans of $8, what would be the likely result?

• A) a surplus of 2000 garbanzo beans
• B) a shortage of 2000 garbanzo beans
• C) no change, equilibrium would prevail
• D) The quantity demanded of garbanzo beans would fall to zero.

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Definitions:

Pleural Pressure

Pleural pressure is the pressure within the pleural cavity, which can affect breathing dynamics by influencing the expansion and contraction of the lungs.

Thoracic Cavity

Space within the thoracic walls, bounded below by the diaphragm and above by the neck.

Pleural Pressure

The pressure within the pleural cavity, which can become negative relative to atmospheric pressure during inhalation, aiding lung expansion.

Atmospheric Pressure

The pressure exerted by the weight of the atmosphere, which at sea level is approximately 101.3 kilopascals (760 mmHg).