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Figure: Effects of Price Ceilings
-(Figure: Effects of Price Ceilings) Refer to the figure. At a price ceiling of $2:
Vital Capacity
The maximum amount of air a person can expel from the lungs after first taking the deepest possible breath.
Bohr Effect
A physiological phenomenon where changes in the concentration of carbon dioxide and the pH of blood and other bodily fluids can influence the affinity of hemoglobin for oxygen, thereby affecting oxygen transport.
Functional Capacity
The ability of an individual or system to perform activities or tasks that are essential for daily living or specific functions.
Residual Volume
The volume of air remaining in the lungs after a maximal exhalatory effort, preventing lung collapse.
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