Suppose the Equilibrium Price of a Physical Examination ("Physical") by a Doctor

question 319

Multiple Choice

Suppose the equilibrium price of a physical examination ("physical") by a doctor is $200, and the government imposes a price ceiling of $150 per physical. As a result of the price ceiling, the

• A)demand curve for physicals shifts to the right.
• B)supply curve for physicals shifts to the left.
• C)quantity demanded of physicals increases, and the quantity supplied of physicals decreases.
• D)number of physicals performed stays the same.

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Definitions:

Primary-Process Thought

A mode of thinking primarily associated with the unconscious mind, characterized by the free and associative nature of thought, driven by basic drives and unconscious desires.

Ego

In psychoanalytic theory, the part of the personality that mediates between the demands of the id, the realities of the external world, and the moral standards of the superego.

Primary Motivation

The fundamental drives or needs that initiate and guide behavioral or psychological processes.

Ego-Ideal

A component of the personality in psychoanalytic theory that represents an individual's ideal self and standards.