Multiple Choice
-Refer to Exhibit 4-5.Suppose the government imposes a price ceiling at P = $0 for transplanted kidneys.The result will be a
A) shortage of kidneys equal to (Q3 - Q1) .
B) surplus of kidneys equal to (Q3 - Q1) .
C) shortage of kidneys equal to (Q2 - Q1) .
D) surplus of kidneys equal to (Q2 - Q1) .
Correct Answer:

Verified
Correct Answer:
Verified
Q48: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q49: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q50: A rationing device is needed because scarcity
Q51: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer
Q52: It is possible for the absolute price
Q54: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q55: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q56: One of the effects of a price
Q57: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q58: 7/30/2017 4:16 PM<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt="7/30/2017 4:16