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Figure 4-17 Refer to Figure 4-17. If the Government Imposes a Price

question 321

Multiple Choice

Figure 4-17 Figure 4-17   Refer to Figure 4-17. If the government imposes a price ceiling in this market at a price of $5.00, the result would be a A)  shortage of 20 units. B)  shortage of 10 units. C)  surplus of 20 units. D)  surplus of 10 units.
Refer to Figure 4-17. If the government imposes a price ceiling in this market at a price of $5.00, the result would be a


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