When a Binding Price Floor Is Imposed on a Market

question 147

Multiple Choice

When a binding price floor is imposed on a market,

• A)price no longer serves as a rationing device.
• B)the quantity supplied at the price floor exceeds the quantity that would have been supplied without the price floor.
• C)only some sellers benefit.
• D)All of the above are correct.

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Definitions:

Isometric Contractions

Muscle contractions where the muscle exerts force without changing length, used for stabilization and posture.

Tetanus Of Muscles

A condition characterized by prolonged contraction of skeletal muscle fibers caused by potent toxins produced by the bacteria Clostridium tetani.

Action Potential

A rapid rise and fall in electrical membrane potential that transmits signals along neural and muscle cells.

Muscle Fibers

The cells of muscles that are specialized for contraction, allowing for body movements, posture maintenance, and heat production among other functions.