The Harmful Effect of a Price Ceiling to ________ Is

question 167

Multiple Choice

The harmful effect of a price ceiling to ________ is ________.

• A) producers; the selling price of the product is above the equilibrium price
• B) producers; the ceiling creates a surplus of the product
• C) consumers; the selling price of the product is above the equilibrium price
• D) consumers; the ceiling creates a shortage of the product

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Definitions:

Cephalocaudal Development

A pattern of growth where physical development starts from the head and moves towards the feet.

Embryo

An early stage of development in multicellular organisms, in humans, it refers to the period from fertilization until the eighth week of pregnancy.

Top Down

A processing approach where perception starts with the input of a general idea or framework before breaking down into smaller components.

Radiation

The emission of energy as electromagnetic waves or as moving subatomic particles, especially high-energy particles that cause ionization.