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Table 6-5 -Refer to Table 6-5. Suppose the Government Imposes a Price

Question 525

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Table 6-5 Table 6-5 -Refer to Table 6-5. Suppose the government imposes a price ceiling of $3 on this market. What will be the size of the shortage in this market? A) 0 units B) 30 units C) 45 units D) 75 units
-Refer to Table 6-5. Suppose the government imposes a price ceiling of $3 on this market. What will be the size of the shortage in this market?


A) 0 units
B) 30 units
C) 45 units
D) 75 units

Correct Answer:

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