Which of the Following Causes the Price Paid by Buyers

question 16

Multiple Choice

Which of the following causes the price paid by buyers to be different than the price received by sellers?

• A)a binding price floor
• B)a binding price ceiling
• C)a tax on the good
• D)All of the above are correct.

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Definitions:

Potential Court Witness

An individual who may possess relevant information or evidence about a case, and can potentially testify in court.

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Capable of being trusted or depended upon consistently.

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