Which of the Following Can Create a Deadweight Loss

question 81

Multiple Choice

Which of the following can create a deadweight loss?
i.price supports
ii.price floor
iii.price ceiling

• A) i only
• B) i and iii
• C) ii and iii
• D) i, ii and iii
• E) i and ii

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Definitions:

Urban Planning

The process of designing and regulating the use of space within urban areas, focusing on the development and implementation of plans for land use, built environment, and infrastructure to improve the quality of life in cities.

Treadmill of Production

A theory in environmental sociology suggesting that constant economic growth leads to increasing resource extraction and environmental degradation.

Greenhouse Effect

The process in which increased production of greenhouse gases, especially those arising from human activity (e.g., carbon dioxide, nitrous oxide, and methane) causes changes to the earth’s atmosphere.

Analytic Subfield

A specific area of study within a larger discipline that focuses on analytical techniques or methodologies.