If the Equilibrium Price of Aspirins Is $5

question 57

Multiple Choice

If the equilibrium price of aspirins is $5.50 for 250 tablets and the government imposes a price ceiling at $5.00 for 250 tablets, the eventual result will be:

• A) a shift in the demand curve to the right.
• B) a shift in the supply curve to the right.
• C) an accumulation of inventories of unsold aspirins.
• D) a shortage of aspirin.

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