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Other Fields Homework Help Economics Topic started by: Loraine on Jun 20, 2015



Title: Which of the following is true?i.A price support is inefficient.ii.A price floor set above the equil
Post by: Loraine on Jun 20, 2015
Which of the following is true?
i.   A price support is inefficient.
ii.   A price floor set above the equilibrium price creates a surplus.
iii.   A price ceiling set above the equilibrium price creates a black market.
A) only i
B) only ii
C) only iii
D) i and ii
E) ii and iii


Title: Re: Which of the following is true?i.A price support is inefficient.ii.A price floor set above the e
Post by: VincenzoD on Aug 2, 2015
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