Figure 6-14 -Refer to Figure 6-14.If the Horizontal Line on the Graph

question 81

Multiple Choice

Figure 6-14
-Refer to Figure 6-14.If the horizontal line on the graph represents a price floor,then the price floor is

• A)binding and creates a shortage of 20 units of the good.
• B)binding and creates a shortage of 40 units of the good.
• C)not binding but creates a shortage of 40 units of the good.
• D)not binding,and there will be no surplus or shortage of the good.

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Definitions:

Sales

The activity or business of selling products or services.

Servant Leadership

A leadership philosophy centered on the belief that the most effective leaders strive to serve others, rather than exert power over them.

Leadership Style

The manner and approach of providing direction, implementing plans, and motivating people.

Deliver Efficient Results

Achieving objectives or outputs in an effective manner with minimal waste of time, effort, or resources.