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Figure 9.1 -Refer to Figure 9.1. If the Government Establishes a Price

Question 2

Multiple Choice

Figure 9.1 -Refer to Figure 9.1. If the government establishes a price ceiling of $20, the resulting deadweight loss will be A) $0. B) $20. C) $30. D) $300. E) $600. Figure 9.1
-Refer to Figure 9.1. If the government establishes a price ceiling of $20, the resulting deadweight loss will be


A) $0.
B) $20.
C) $30.
D) $300.
E) $600.

Correct Answer:

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