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:

Negative Reinforcement

A type of conditioning where an undesirable stimulus is removed to increase a behavior.

Driving Privileges

The rights or permissions granted to an individual by a governing body to operate a motor vehicle on public roads, typically after passing certain tests and meeting specific criteria.

Negative Reinforcement

A behavioral principle where the removal of a negative condition strengthens or increases the likelihood of a response.

Punishment

A process by which a consequence immediately follows a behavior, aiming to decrease the likelihood of that behavior occurring again.