FIGURE 5-2 -Refer to Figure 5-2.A Price Ceiling Set at a Price

question 100

Multiple Choice

FIGURE 5-2
-Refer to Figure 5-2.A price ceiling set at a price of $2.50 per unit will result in

• A)a shortage of 5 units.
• B)a shortage of 10 units.
• C)a surplus of 5 units.
• D)a surplus of 10 units.
• E)no change in the market outcomes.

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