Currently, 75,000 units of a good are traded on a market. The government imposes a limit of a maximum of 50,000 units that may be traded on the market. This will create excess demand.

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The Answer of Currently, 75,000 units of a good are traded on a market. The government imposes a limit of a maximum of 50,000 units that may be traded on the market. This will create excess demand.

Currently, 75,000 Units of a Good Are Traded on a Market