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Figure 6-7 -Refer to Figure 6-7.For a Price Ceiling to Be Binding

Question 114

Multiple Choice

Figure 6-7 Figure 6-7 -Refer to Figure 6-7.For a price ceiling to be binding in this market,it would have to be set at A) any price below $7. B) any price above $3. C) any price below $9. D) any price above $7.
-Refer to Figure 6-7.For a price ceiling to be binding in this market,it would have to be set at


A) any price below $7.
B) any price above $3.
C) any price below $9.
D) any price above $7.

Correct Answer:

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