The Difference Between the Demand Price and the Supply Price

question 17

Multiple Choice

The difference between the demand price and the supply price at the quota limit is:

• A)the quota rent.
• B)the rent received by landlords who own rent-controlled apartments.
• C)the opportunity cost of using or buying a good,subject to an import quota.
• D)usually large enough to cause a surplus.

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Definitions:

Add Functionality

The process of incorporating new features or capabilities into a software application or device.

Operating Systems

The fundamental software that manages computer hardware and software resources, providing common services for computer programs.

Swapping

The process of exchanging data between different storage areas in computing, such as between RAM and disk space, to efficiently manage memory.

Thrashing

A condition in computer operating systems where rapid increase in the usage of resources causes a significant decrease in performance, typically due to excessive paging or swapping.