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-In the Graph Above,the Equilibrium Price Is Regulated to Equal

Question 12

Multiple Choice
-In the graph above,the equilibrium price is regulated to equal P*.This price is a

-In the graph above,the equilibrium price is regulated to equal P*.This price is a A) Price ceiling and the market will have a shortage. B) Price floor and the market will have a shortage. C) Price ceiling and the market will have a surplus. D) Price floor and the market will have a surplus.
-In the graph above,the equilibrium price is regulated to equal P*.This price is a


A) Price ceiling and the market will have a shortage.
B) Price floor and the market will have a shortage.
C) Price ceiling and the market will have a surplus.
D) Price floor and the market will have a surplus.

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