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Table 6-2 -Refer to Table 6-2. a Price Ceiling Set at $5

Question 522

Multiple Choice

Table 6-2 Table 6-2 -Refer to Table 6-2. A price ceiling set at $5 will A) be binding and will result in a shortage of 50 units. B) be binding and will result in a shortage of 250 units. C) be binding and will result in a shortage of 300 units. D) not be binding.
-Refer to Table 6-2. A price ceiling set at $5 will


A) be binding and will result in a shortage of 50 units.
B) be binding and will result in a shortage of 250 units.
C) be binding and will result in a shortage of 300 units.
D) not be binding.

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