The Imposition of a Price Ceiling on a Market Often

question 91

Multiple Choice

The imposition of a price ceiling on a market often results in:

• A)an increase in investment in the industry.
• B)a surplus.
• C)a shortage.
• D)a decrease in discrimination on the part of sellers.
• E)none of the above.

---

Definitions:

Alveoli

Tiny air sacs in the lungs where the exchange of oxygen and carbon dioxide takes place.

Air Cells

Small cavities found in various biological tissues, such as the cavities within the bone structure of the human ear, which help in respiratory gas exchange or sound transmission.

Lungs

A pair of spongy, air-filled organs located on either side of the chest (thorax), which play a crucial role in the respiratory system.

Pharynx

The muscular tube at the back of the nasal and oral cavities that connects them to the esophagus.