This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The shortage created by a price ceiling will likely be (Read 58 times)

sabina

  • Hero Member
  • *****
  • Posts: 563
on: May 24, 2019
The shortage created by a price ceiling will likely be
◦ smaller if the good is a necessity.
◦ larger if the good is addictive.
◦ smaller if the good is a luxury.
◦ unaffected by the time that has elapsed since the price ceiling is implemented.
◦ None of these answers is correct.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by sabina on May 24, 2019

ebonylittles

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


sabina

  • Hero Member
  • *****
  • Posts: 563
Reply #2 on: May 24, 2019
Thanks


ebonylittles

  • Sr. Member
  • ****
  • Posts: 318
Reply #3 on: May 24, 2019
Welcome :)


« previous next »
 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Michelangelo, The Creation of Adam (restored), ceiling of the Sistine Chapel. Michelangelo, The Creation of Adam (restored), ceiling of the Sistine Chapel.
Cross-fiber friction to the paraspinal muscles. Friction is created by moving the more superficial ... Cross-fiber friction to the paraspinal muscles. Friction is created by moving the more superficial ...
Erosional Landforms Created by Alpine Glaciers Erosional Landforms Created by Alpine Glaciers
In 1994 a team of German physicists created an atom of Element 110. If the atom In 1994 a team of German physicists created an atom of Element 110. If the atom
If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ... If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ...
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: Glucose anabolism reactions: Glycogenolysis and Gluconeogenesis

For a complete list of videos, visit our video library