Figure 6-9 -Refer to Figure 6-9.A Price Ceiling Set at

question 72

Multiple Choice

Figure 6-9
-Refer to Figure 6-9.A price ceiling set at

• A)$4 will be binding and will result in a shortage of 8 units.
• B)$4 will be binding and will result in a shortage of 16 units.
• C)$7 will be binding and will result in a surplus of 4 units.
• D)$7 will be binding and will result in a surplus of 8 units.

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Definitions:

Linear Equations

Definition: Algebraic equations in which each term is either a constant or the product of a constant and a single variable.

Linear Graphing

A method for representing data or equations that result in a straight line when plotted on a graph.

Linear Graphing

A method of representing data or equations where the graph forms a straight line.

Temperature Conversion

The process of changing the value of a temperature from one unit to another, such as Celsius to Fahrenheit.