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Satsume Satsume
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6 years ago
Price ceilings
A) cause quantity to be higher than in the market equilibrium.
B) always increase consumer surplus.
C) may decrease consumer surplus if demand is sufficiently elastic.
D) may decrease consumer surplus if demand is sufficiently inelastic.
E) always decrease consumer surplus.
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Microeconomics

Microeconomics


Edition: 8th
Author:
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oracledarrenoracledarren
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6 years ago
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Satsume Author
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6 years ago
Thanks
fgarza2146
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Yesterday
Helped a lot
zbmallo3
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2 hours ago
Thank you, thank you, thank you!
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