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If a Price Ceiling Is a Binding Constraint on the Market,what

Question 36

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If a price ceiling is a binding constraint on the market,what do we know

If a price ceiling is a binding constraint on the market,what do we know


A) The equilibrium price must be above the price ceiling.
B) Sellers will benefit from this market.
C) The forces of supply and demand must be in equilibrium.
D) There may be a surplus in the market.

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