The Imposition of a Binding Price Floor on a Market

question 102

Multiple Choice

The imposition of a binding price floor on a market

• A)causes quantity demanded to be greater than quantity supplied.
• B)causes quantity demanded to be less than quantity supplied.
• C)causes quantity demanded to be equal to quantity supplied.
• D)causes a decrease in demand.

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Definitions:

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The part of memory responsible for recording information about one's environment and spatial orientation.

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The natural light emitted by the sun, which is essential for the survival of many organisms and influences Earth’s climate.