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Figure 6-4 -Refer to Figure 6-4.Which of the Following Price Controls Would

Question 282

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Figure 6-4 Figure 6-4 -Refer to Figure 6-4.Which of the following price controls would cause a shortage of 20 units of the good? A) a price ceiling of $4 B) a price ceiling of $5 C) a price floor of $7 D) a price floor of $8
-Refer to Figure 6-4.Which of the following price controls would cause a shortage of 20 units of the good?


A) a price ceiling of $4
B) a price ceiling of $5
C) a price floor of $7
D) a price floor of $8

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