Multiple Choice
-Refer to Table 5- 1. Suppose the government imposed a price of $1.80 per chocolate bar. A likely result from this policy is
A) the allocation of chocolate bars on a first- come, first- serve basis.
B) the allocation of chocolate bars by sellers preference.
C) the rationing of chocolate bars.
D) the development of a black market in chocolate bars.
E) the stockpiling of unsold inventories of chocolate bars.
Correct Answer:
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