Refer to Exhibit 4-11. Suppose that the government imposes a price ceiling in the market for good ABC at a price of $4. How many fewer units would be exchanged at the price ceiling than would be exchanged if the market for good ABC were a free market?

The question is incomplete as the exhibit is not provided, however the correct exhibit table is attached with the answer-

The correct answer is -  40.

Explanation:

In the price ceiling, The government added a price over which companies can not charge for their particular products. In this scenario, the government charges a price ceiling of $4.

Without price ceiling, equilibrium in the market would have occurred at $5 where the amount requested equivalents amount provided (80 units). In any case, since the firm is compelled to charge $4, there will be an abundance of demand in the economy. From the demand and supply plan we can see that at a cost $4 amount requested is 100 units and the amount provided is 40 units. Consequently, at max, 40 units can be traded in the market at value of $4.

Thus, the correct answer is - 40.

match each type of restriction with one of its effects.

a. land-use laws

b. labor laws

c. banking regulations

a. controlled development of towns and cities

b. protection of young workers

c. greater financial stability

answerindustrial revolution;