Figure 6-9 -Refer to Figure 6-9.A Price Ceiling Set at

question 72

Multiple Choice

Figure 6-9
-Refer to Figure 6-9.A price ceiling set at

• A)$4 will be binding and will result in a shortage of 8 units.
• B)$4 will be binding and will result in a shortage of 16 units.
• C)$7 will be binding and will result in a surplus of 4 units.
• D)$7 will be binding and will result in a surplus of 8 units.

---

Definitions:

Skylights

Windows installed in a roof or ceiling to allow natural light to enter the space below.

Natural Light

Sunlight that is utilized in buildings and homes to reduce the need for artificial lighting and to improve the well-being of occupants.

Sustainability Initiatives

Strategies and practices aimed at promoting environmental conservation, social responsibility, and economic efficiency in business operations.

Customer Demand

The desire and requirement for products or services by end consumers, which drives the production and supply chain activities.