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Lauren1 Lauren1
wrote...
Posts: 4120
9 years ago
If the Chinese government sets a price ceiling below the equilibrium price, the result will be
I.   an increase in the quantity demanded.
II.   a decrease in the quantity supplied.
III.   a shortage.
A) I only
B) I and II only
C) III only
D) I, II, and III
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3 Replies
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Answer accepted by topic starter
MrDerecheMrDereche
wrote...
Top Poster
Posts: 4097
9 years ago
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Lauren1 Author
wrote...
9 years ago
Thank you, this really, really helps Heavy Heart
wrote...
9 years ago
You're welcome!
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