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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
Which of the following is true?
i.   A price ceiling set above the equilibrium price has no effects.
ii.   A price ceiling set below the equilibrium price creates a surplus.
iii.   A price floor set above the equilibrium price has no effects.
A) only i
B) only ii
C) only iii
D) i and ii
E) ii and iii
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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8 years ago
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Loraine Author
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8 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
linlinlin
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Yesterday
Thank you, thank you, thank you!
Shuqin
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2 hours ago
Just got PERFECT on my quiz
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