Use the figure below to answer the following question(s) .
Figure 4-4
Given the demand and supply conditions shown in Figure 4-4, if the government imposes a price ceiling of a , which of the following would be true?
A) Consumers would want to buy r units.
B) Consumers would want to buy s units.
C) Producers would wish to sell s units.
D) Producers would wish to sell r units.
Correct Answer:
Verified
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Q204: Use the figure below illustrating the impact
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