A Price Ceiling

question 97

Multiple Choice

A price ceiling

• A) creates market efficiency by making a good cheaper.
• B) helps all producers by increasing the price of the good.
• C) can create a black market for the good.
• D) reduces search activity.
• E) benefits all people who want to buy the good.

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Definitions:

Hominoid Fossil

Ancient remains or imprints of hominids and apes, crucial for understanding human evolution and the lineage of primates.

Human Evolutionary Line

The lineage leading to modern humans, detailing the biological and chronological development of human species over millions of years from primordial ancestors.

Bipedalism

Bipedalism is the ability to walk on two legs, a key feature that distinguishes humans and their ancestors from other primates and is considered a foundational trait in human evolution.

Large Brain

Refers to species, particularly humans, that have a relatively large brain size in comparison to their body size, which is associated with higher levels of cognition and complex behaviors.