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(Figure: Costs of Price Ceilings) Refer to the Figure

Question 27

Multiple Choice

(Figure: Costs of Price Ceilings) Refer to the figure. What is thedollar amount of the value of wasted time if a price ceiling of $4is implemented? A) $160 B) $180 C) $320 D) $220 (Figure: Costs of Price Ceilings) Refer to the figure. What is thedollar amount of the value of wasted time if a price ceiling of $4is implemented?


A) $160
B) $180
C) $320
D) $220

Correct Answer:

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