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hauser27584 hauser27584
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Posts: 296
5 years ago
If a price ceiling is set below the equilibrium price, then
A) the price remains below the equilibrium level.
B) the price remains above the equilibrium level.
C) the quantity demanded is still equal to the quantity supplied.
D) there is a surplus.
E) the market is unaffected.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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