-Refer to Exhibit 4-1.The number of units bought and sold at the price ceiling is
A) 75.
B) 125.
C) 175.
D) 100.

Name: -Refer to Exhibit 4-1.The number of units bought and sold at the price ceiling is A) 75. B) 125. C) 175. D) 100.
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Question

-Refer to Exhibit 4-1.The number of units bought and sold at the price ceiling is
A) 75. 
B) 125. 
C) 175. 
D) 100.

Quizplus · Accepted Answer

At a price ceiling, the quantity of goods bought and sold is determined by the quantity supplied at that price, which is 75 units in this context.