Figure 4-18 Refer to Figure 4-18. The price of the good would continue to serve as the rationing mechanism if
A) a price ceiling of $4.00 were imposed.
B) a price ceiling of $5.00 were imposed.
C) a price floor of $3.00 were imposed.
D) All of the above are correct.

Question

Figure 4-18  Refer to Figure 4-18. The price of the good would continue to serve as the rationing mechanism if
A) a price ceiling of $4.00 were imposed. 
B) a price ceiling of $5.00 were imposed. 
C) a price floor of $3.00 were imposed. 
D) All of the above are correct.

Quizplus · Accepted Answer

The Answer of Figure 4-18  Refer to Figure 4-18. The price of the good would continue to serve as the rationing mechanism if
A) a price ceiling of $4.00 were imposed. 
B) a price ceiling of $5.00 were imposed. 
C) a price floor of $3.00 were imposed. 
D) All of the above are correct.