Which of the Following Would Not Interfere with Market Equilibria

question 167

Multiple Choice

Which of the following would not interfere with market equilibria?

• A)a minimum wage
• B)a rent control
• C)a non-binding price floor
• D)a binding price ceiling

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Definitions:

Inconvenience

Disturbance or bother caused by a need for extra effort or adjustment.

Explanations

Statements or accounts that make a situation, concept, or action clear and understandable to another party.

Goodwill

The intangible asset that represents the value of a business's reputation and customer relationships, influencing its competitive advantage.

Appreciation

Recognition and enjoyment of the good qualities of someone or something, often leading to expressions of gratitude.