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Figure 4-17 Refer to Figure 4-17

Question 215

Multiple Choice

Figure 4-17 Figure 4-17 Refer to Figure 4-17. Which of the following price controls would cause a shortage of 10 units of the good? A) a price ceiling of $5.50 B) a price floor of $5.50 C) a price ceiling of $6.50 D) a price floor of $6.50 Refer to Figure 4-17. Which of the following price controls would cause a shortage of 10 units of the good?


A) a price ceiling of $5.50
B) a price floor of $5.50
C) a price ceiling of $6.50
D) a price floor of $6.50

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