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Exhibit 4-9 Refer to Exhibit 4-9

Question 86

Multiple Choice

Exhibit 4-9 Exhibit 4-9 Refer to Exhibit 4-9.  Suppose that the government imposes a price ceiling at a price of $11.  How many fewer units would be exchanged at the price ceiling than would be exchanged at the equilibrium price? A) 50 B) 30 C) 40 D) 70 Refer to Exhibit 4-9.  Suppose that the government imposes a price ceiling at a price of $11.  How many fewer units would be exchanged at the price ceiling than would be exchanged at the equilibrium price?


A) 50
B) 30
C) 40
D) 70

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