Assume There Is a Price Ceiling Imposed on a Good

question 168

Multiple Choice

Assume there is a price ceiling imposed on a good which is below the equilibrium price. Which of the following changes would reduce the size of the surplus?

• A)​An increase in demand.
• B)​A decrease in demand.
• C)​An increase in supply.
• D)​None of the above; there is no surplus.

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Definitions:

Macrophages

Large phagocytic cells found in essentially all tissues, responsible for consuming pathogens and dead or damaged cells.

Dendritic Cells

Immune cells that present antigens to T cells, initiating an adaptive immune response.

Secondary Lymphatic Organ

Sites where immune responses are organized, including lymph nodes, spleen, and tonsils, which filter lymph or blood and house mature lymphocytes.

Spleen

An organ adjacent to the stomach that filters blood, disposes of worn-out red blood cells, and helps fight infection.