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-The Demand and Supply Schedules for Pizza Are in the Table

question 10

Multiple Choice

  -The demand and supply schedules for pizza are in the table above.If the government sets a maximum legal price of $2 per slice of pizza,then A)  there is a shortage of 20 slices of pizza. B)  this maximum price is an example of a price floor. C)  this maximum price is an example of a price ceiling. D)  Both answers A and C are correct. E)  Both answers B and C are correct.
-The demand and supply schedules for pizza are in the table above.If the government sets a maximum legal price of $2 per slice of pizza,then


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