If a Price Ceiling of $8 Were Placed in the Market

question 37

Multiple Choice

If a price ceiling of $8 were placed in the market in the graph shown:

• A) some surplus is transferred from consumer to producer.
• B) some surplus is transferred from producer to consumer.
• C) all consumers are made better off.
• D) all producers are made better off.

---

Definitions:

Gallbladder

Organ that stores and concentrates bile.

Chemical Digestion

The breakdown of food into smaller molecules by enzymes and acids in the digestive system.

Proteins

Large molecules made up of amino acids that play many critical roles in the body, including in the structure, function, and regulation of the body's tissues and organs.

Stomach

Tubular, muscular organ that functions in chemical and mechanical digestion.