Which One of the Following Statements Is TRUE

question 290

Multiple Choice

Which one of the following statements is TRUE?

• A) An effective price ceiling results in a surplus of the good.
• B) An effective price floor results in a shortage of the good.
• C) When the market clearing price of a good is the equilibrium, then everyone can afford it.
• D) The market clearing price of a good reflects its relative scarcity.

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Definitions:

Simple Squamous Epithelium

Simple squamous epithelium is a type of tissue composed of a single layer of flat cells that facilitates processes like diffusion and filtration, commonly found lining organs such as the alveoli in the lungs.

Pseudo-Stratified Ciliated Columnar Epithelium

A type of epithelium that appears to be stratified but is actually a single layer of cells, with cilia on its surface, found in the respiratory tract.

Extreme Stretching

A form of physical exercise focusing on increasing flexibility by stretching muscles and ligaments beyond their normal capacity.

Cells

The basic structural, functional, and biological units of all known living organisms, serving as the building blocks of life.