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Recall the Application About Price Controls and the Candy Bars

Question 72

Multiple Choice

Recall the application about price controls and the candy bars.During World War II,the U.S.government imposed price controls to set maximum prices on all different products,including candy bars.How did the candy bar producers respond it to maximum prices?


A) Producers increase the supply of candy bars.
B) Producers shrank the weight of the candy bars.
C) A lot of the producers dropped out of candy bar market.
D) none of the above

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