Figure: Price Ceiling Reference: Ref 8-1 (Figure: Price Ceiling) Refer to the figure. When a price ceiling of $10 is instituted by the government, consumers are able to buy how many units of the product?
A) 290 units
B) 310 units
C) 270 units
D) 40 units

Question

Figure: Price Ceiling  Reference: Ref 8-1 (Figure: Price Ceiling) Refer to the figure. When a price ceiling of $10 is instituted by the government, consumers are able to buy how many units of the product?
A) 290 units 
B) 310 units 
C) 270 units 
D) 40 units

Quizplus · Accepted Answer

The Answer of Figure: Price Ceiling  Reference: Ref 8-1 (Figure: Price Ceiling) Refer to the figure. When a price ceiling of $10 is instituted by the government, consumers are able to buy how many units of the product?
A) 290 units 
B) 310 units 
C) 270 units 
D) 40 units