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Figure: The Market for Economics Textbooks Use the following to answer questions: Figure: The Market for Economics Textbooks -(Figure: The Market for Economics Textbooks) Look at the figure The Market for Economics Textbooks. Suppose the government believes textbooks are too expensive and it wants to make sure textbooks are affordable to more students. This type of price control is called a price _____, and one possible binding price control would be _____. A) floor; $100 B) floor; $40 C) ceiling; $40 D) ceiling; $100
-(Figure: The Market for Economics Textbooks) Look at the figure The Market for Economics Textbooks. Suppose the government believes textbooks are too expensive and it wants to make sure textbooks are affordable to more students. This type of price control is called a price _____, and one possible binding price control would be _____.


A) floor; $100
B) floor; $40
C) ceiling; $40
D) ceiling; $100

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