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

Question 30

Multiple Choice

Figure 6-2
Figure 6-2 -Refer to Figure 6-2.If the government imposes a price ceiling of $12 in this market,the result would be A) a surplus of 10. B) a surplus of 20. C) a shortage of 20. D) neither a surplus nor a shortage.
-Refer to Figure 6-2.If the government imposes a price ceiling of $12 in this market,the result would be


A) a surplus of 10.
B) a surplus of 20.
C) a shortage of 20.
D) neither a surplus nor a shortage.

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