CHAPTER REVIEW

KEY CONCEPTS

Match each of the terms on the left with its definition on the right. Click on the term first and then click on the matching definition. As you match them correctly they will move to the bottom of the activity.

Question

price ceiling
deadweight loss
rent control
price floors
a minimum price allowed by law.
a maximum price allowed by law.
the total of lost consumer and producer surplus when not all mutually profitable gains from trade are exploited.
a price ceiling on rental housing.
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