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Question 22

Multiple Choice

-Refer to the graph above to answer this question.What is the effect of a price ceiling of $6? A) A shortage of 5 units. B) A shortage of 10 units. C) A surplus of 5 units. D) A surplus of 20 units. E) None of the choices are correct.
-Refer to the graph above to answer this question.What is the effect of a price ceiling of $6?


A) A shortage of 5 units.
B) A shortage of 10 units.
C) A surplus of 5 units.
D) A surplus of 20 units.
E) None of the choices are correct.

Correct Answer:

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