When a certain price control is imposed on this market, the resulting quantity of the good that is actually bought and sold is such that buyers are willing and able to pay a maximum of P 1 dollars per unit for that quantity and sellers are willing and able to accept a minimum of P 2 dollars per unit for that quantity. If P 1 − P 2 = $3, then the price control is a. only a price ceiling of $3.00. b. only a price ceiling of $6.00. c. only a price floor of $6.00. d. either a price ceiling of $3.00 or a price floor of $6.00.

attached below is the missing figure

either a price ceiling of $3.00 or a price floor of $6.00. ( D )

Explanation:

P1 - P2 = $3

P1 = maximum amount a buyer is willing to pay

P2 = minimum amount a selling  is willing to accept

The price control :

The price ceiling and the price floor of the market can act  as the price control and the price ceiling is usually lower than the price floor hence the price control will be :

either a price ceiling of $3.00 or a price floor of $6.00.

the federal government of the united states was established by the constitution. us is a presidential republic. the president is head of state, head of government and of a two party legislative and electoral system. the supreme court balances the powers of the federal and the state government. yhe executive branch is headed by the oresident. there are two chambers of congress, the senate and the house of representatives. judicial power is exercised by the judicial branch (or judiciary), comprised of the supreme court and lower federal courts. the judiciary's function is to interpret the   constitution as well as the federal laws and regulations.

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