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Figure 6-3 -Refer to Figure 6-3.If the Government Imposes a Binding Price

Question 40

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Figure 6-3 -Refer to Figure 6-3.If the government imposes a binding price ceiling in this market at a price of $5.00,what is the result

Figure 6-3
Figure 6-3 -Refer to Figure 6-3.If the government imposes a binding price ceiling in this market at a price of $5.00,what is the result A) a shortage of 10 units B) a shortage of 20 units C) a surplus of 10 units D) a surplus of 20 units
-Refer to Figure 6-3.If the government imposes a binding price ceiling in this market at a price of $5.00,what is the result


A) a shortage of 10 units
B) a shortage of 20 units
C) a surplus of 10 units
D) a surplus of 20 units

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