Reference: Ref 8-2 (Figure: Price Controls) Refer to the Figure

question 41

Multiple Choice

Reference: Ref 8-2 (Figure: Price Controls) Refer to the figure. Which of the following price controls would cause a shortage of 20 units of the good?

• A) a price ceiling of $10
• B) a price floor of $10
• C) a price ceiling of $6
• D) a price floor of $6

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