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Other Fields Homework Help Economics Topic started by: Miche on Aug 5, 2018



Title: If a price ceiling above the equilibrium price is imposed, the price ceiling will lead to
Post by: Miche on Aug 5, 2018
If a price ceiling above the equilibrium price is imposed, the price ceiling will lead to
A) no change because it is above the equilibrium price.
B) a shortage because it is above the equilibrium price.
C) a surplus because it is above the equilibrium price.
D) a price floor being set by the government.
E) an increase in the quantity produced.


Title: If a price ceiling above the equilibrium price is imposed, the price ceiling will lead to
Post by: Stevea26 on Aug 5, 2018
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Title: If a price ceiling above the equilibrium price is imposed, the price ceiling will lead to
Post by: Miche on Aug 5, 2018
Such a godsend, you helped me and my friend big time