If a Price Ceiling Is Not Binding,then

question 186

Multiple Choice

If a price ceiling is not binding,then

• A)there will be a surplus in the market.
• B)there will be a shortage in the market.
• C)the market will be less efficient than it would be without the price ceiling.
• D)there will be no effect on the market price or quantity sold.

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A non-volatile storage device using magnetic storage to store and retrieve digital information, typically using one or more rigid rapidly rotating disks.

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