11) What is the difference between marginal utility and total utility? 12) What is a ceiling price, and why might the government introduce it? a. What can be the effect of the ceiling price? Provide an example by demonstrating it on the graph. b. Provide 1 positive and 1 negative consequence of the ceiling price. 13) What is a oor price, and why might the government introduce it? a. What can be the effect of the oor price? Provide an example of demonstrating on the graph. b. Provide 1 positive and 1 negative consequence of the oor price. 14-) Which negative consequence is common between both ceiling price and oor price? a. How can the government solve that negative consequence? b. What are some of the problems with the government's 'solution'? 15) What is the quota, and why might the government introduce it? 16) What is the rent control, and why might the government introduce it? a. Provide 1 positive and 2 negatives consequence of rent control. 17) Write and explain the formula for cost per unit? 18) What is the main purpose of economies of scale? 19) Explain the difference between price competition and non-price competition. 20) Explain the difference between direct demand and derived demand. 21) When will the shortage of labour occur? Provide an example by demonstrating it on the graph. 22) When will the surplus of labour occur? Provide an example by demonstrating it on the graph. 23) When is the wage rate considered 'stable'? 24) Explain the importance of human capital