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​Exhibit 4-11 Refer to Exhibit 4-11

question 110

Multiple Choice

​Exhibit 4-11 ​Exhibit 4-11   Refer to Exhibit 4-11.  Suppose that the government imposes a price ceiling in the market for good ABC at a price of $4.  How many fewer units would be exchanged at the price ceiling than would be exchanged if the market for good ABC were a free market? A) 20 B) 40 C) 60 D) 80 E) 100 Refer to Exhibit 4-11.  Suppose that the government imposes a price ceiling in the market for good ABC at a price of $4.  How many fewer units would be exchanged at the price ceiling than would be exchanged if the market for good ABC were a free market?


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