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:

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Oil derived from the tissues of oily fish, containing omega-3 fatty acids which have various health benefits.