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Figure 4-17 Refer to Figure 4-17. Which of the Following Price Controls

question 66

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Figure 4-17 Figure 4-17   Refer to Figure 4-17. Which of the following price controls would cause a shortage of 10 units of the good? A)  a price ceiling of $5.50 B)  a price floor of $5.50 C)  a price ceiling of $6.50 D)  a price floor of $6.50
Refer to Figure 4-17. Which of the following price controls would cause a shortage of 10 units of the good?


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