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Graph 6-2 -According to Graph 6-2, If the Government Imposes a Binding

Question 52

Multiple Choice

Graph 6-2
Graph 6-2 -According to Graph 6-2, if the government imposes a binding price ceiling in this market at a price of $5.00, the result will be a: A) shortage of 20 units B) shortage of 30 units C) surplus of 20 units D) surplus of 40 units
-According to Graph 6-2, if the government imposes a binding price ceiling in this market at a price of $5.00, the result will be a:


A) shortage of 20 units
B) shortage of 30 units
C) surplus of 20 units
D) surplus of 40 units

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