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Figure 6-2 -Refer to Figure 6-2.If the Government Imposes a Price Ceiling

Question 27

Multiple Choice

Figure 6-2
Figure 6-2 -Refer to Figure 6-2.If the government imposes a price ceiling of $8 in this market,the result would be a A) surplus of 10. B) surplus of 20. C) shortage of 10. D) shortage of 20.
-Refer to Figure 6-2.If the government imposes a price ceiling of $8 in this market,the result would be a


A) surplus of 10.
B) surplus of 20.
C) shortage of 10.
D) shortage of 20.

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