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

Author Question: The surplus created by a price floor will likely be (Read 46 times)

P68T

  • Hero Member
  • *****
  • Posts: 509
on: May 24, 2019
The surplus created by a price floor 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 P68T on May 24, 2019

bimper21

  • Sr. Member
  • ****
  • Posts: 309
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


P68T

  • Hero Member
  • *****
  • Posts: 509
Reply #2 on: May 24, 2019
TY


bimper21

  • Sr. Member
  • ****
  • Posts: 309
Reply #3 on: May 24, 2019
You're welcome


« previous next »
 

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Lycopodium obscurum growing on the forest floor. Lycopodium obscurum growing on the forest floor.
Jets Created by a Black Hole in a Binary System Jets Created by a Black Hole in a Binary System
In 1879 an army officer founded the Carlisle School in Pennsylvania to “civilize” young Indians. The In 1879 an army officer founded the Carlisle School in Pennsylvania to “civilize” young Indians. The
Warming friction created with a sawing motion (i.e., ulnar friction). The ulnar sides of the hands ... Warming friction created with a sawing motion (i.e., ulnar friction). The ulnar sides of the hands ...
The disaccharides sucrose, maltose, and lactose are created from the monosaccharides The disaccharides sucrose, maltose, and lactose are created from the monosaccharides
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: Dietary Cholesterol & LDL

For a complete list of videos, visit our video library