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Write a system of linear equations represented by the augmented matrix.
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Rationing Mechanisms
Methods or systems used to allocate scarce resources among competing uses.
Binding Price Ceilings
Government-imposed limits on the price of goods or services that are set below the market equilibrium price, leading to shortages.
Price Ceiling
A government-imposed limit on how high a price can be charged for a product, service, or commodity.
Gasoline Shortage
A situation where the demand for gasoline exceeds the supply available, often leading to price increases and long lines at fuel stations.
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