Multiple Choice
Which of the following is not a characteristic of a market with a price floor?
A) Quantity demanded exceeds quantity supplied
B) Sellers offering discounts in disguised forms
C) Problem of disposal created by excess supply
D) Survival of less efficient businesses
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Black markets can generally be eliminated when
Q2: An increase in price will increase supply.
Q3: Economists emphasize the importance of _ in
Q4: The demand by sterile couples for babies
Q5: The supply curve of books (which are
Q7: A demand curve shows the relationship between
Q8: A government policy that prevents the price
Q9: A cold winter will increase the quantity
Q10: The imposition of price ceilings on a
Q11: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt=" -Falling oil prices