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A Price Ceiling in the Market Shown in the Graph

Question 27

Multiple Choice

A price ceiling in the market shown in the graph would be non-binding if it were set at: A) $5. B) $8. C) $10. D) $13. A price ceiling in the market shown in the graph would be non-binding if it were set at:


A) $5.
B) $8.
C) $10.
D) $13.

Correct Answer:

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