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Home Q & A Board Other Fields Homework Help Business Economics
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Miche Miche
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6 years ago
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.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Stevea26Stevea26
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#1
6 years ago
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Miche Author
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#2
6 years ago
Such a godsend, you helped me and my friend big time
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