In the above figure, a price ceiling of 4 would
A) result in a shortage in the long run.
B) result in a surplus in the long run.
C) have no effect.
D) result in a surplus in the short run but have no effect in the long run.
Question 2
Which of the following CORRECTLY describes how price adjustments eliminate a shortage?
A) As the price rises, the quantity demanded decreases while the quantity supplied increases.
B) As the price rises, the quantity demanded increases while the quantity supplied decreases.
C) As the price falls, the quantity demanded decreases while the quantity supplied increases.
D) As the price falls, the quantity demanded increases while the quantity supplied decreases.
Long stroke used in lymphatic facilitation.
Identify the junction nodes in the circuit shown in Figure 21-1.
Summer squash exhibiting various fruit-shape phenotypes, including disc, long, and sphere
Production of prototrophs as a result of genetic recombination
What is the total resistance of the circuit in Figure 1? 150