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-A)Is a Price of $26 a Price Ceiling or a Price

Question 246

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-A)Is a price of $26 a price ceiling or a price floor? B)Is there a shortage or a surplus? C)How much is it?
-A)Is a price of $26 a price ceiling or a price floor?
B)Is there a shortage or a surplus?
C)How much is it?

Correct Answer:

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A)Floor
B)...

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