Which of the Following Causes a Surplus of a Good

question 139

Multiple Choice

Which of the following causes a surplus of a good?

• A)a binding price floor
• B)a binding price ceiling
• C)a tax on the good
• D)More than one of the above is correct.

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Definitions:

Instructional Methods

Techniques or approaches used in educational settings to facilitate learning and teaching processes.

Experienced Trainers

Instructors or facilitators who possess significant knowledge and experience in a particular field or subject matter.

Procedural Knowledge

Knowledge of how to perform tasks or processes, often contrasted with declarative knowledge, which involves knowing 'what' rather than 'how'.

Online Methods

Digital techniques or platforms used for various purposes including education, research, communication, and transaction.