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Figure: Price Ceiling of Ps (Figure: Price Ceiling of Ps)

Question 34

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Figure: Price Ceiling of Ps Figure: Price Ceiling of Ps   (Figure: Price Ceiling of Ps)  Refer to the figure. Suppose a priceceiling of Ps is imposed. The shaded area may likely representall of the following EXCEPT: A) value of wasted time. B) the amount that buyers bribe sellers. C) the amount of corruption. D) consumer surplus. (Figure: Price Ceiling of Ps) Refer to the figure. Suppose a priceceiling of Ps is imposed. The shaded area may likely representall of the following EXCEPT:


A) value of wasted time.
B) the amount that buyers bribe sellers.
C) the amount of corruption.
D) consumer surplus.

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