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With an effective price ceiling, quantity demanded exceeds quantity supplied.

regina nana

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5 years ago

With an effective price ceiling, quantity demanded exceeds quantity supplied.

Question 1.

A surplus exists when there is excess demand in a market.

▸ true

▸ false

Question 2.

With an effective price ceiling, quantity demanded exceeds quantity supplied.

▸ true

▸ false

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

Read 80 times

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Kailz1218

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5 years ago

More solutions for this book are available here

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regina n. Author

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5 years ago

Thanks

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