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Hpreet796 Hpreet796
wrote...
Posts: 472
4 years ago

Question 1.

In the short run, nonprice rationing will happen whenever there is excess demand in a market.



▸ true

▸ false

Question 2.

An effective price ceiling will be set above the equilibrium price.



▸ true

▸ false
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
Read 76 times
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Answer verified by a subject expert
Niquegirl21!Niquegirl21!
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Posts: 377
4 years ago
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Hpreet796 Author
wrote...
4 years ago
Thank you
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