If price were set by the government at $3,there would be a price _____________,that would cause a ___________ of _______ units.

Name: If price were set by the government at $3,there would be a price _____________,that would cause a ___________ of _______ units.
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Question

Quizplus · Accepted Answer

A price ceiling set below the equilibrium price causes a shortage, and in this case, it results in a shortage of 14 units.

If Price Were Set by the Government at $3,there Would