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Tidy Tidy
wrote...
Posts: 4852
9 years ago
In order to be binding, a price ceiling
A) must lie above the free market equilibrium price.
B) must lie below the free market equilibrium price.
C) must coincide with the free market equilibrium price.
D) must be high enough for firms to earn a profit.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 330 times
1 Reply
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Answer verified by a subject expert
SydnieSydnie
wrote...
Top Poster
Posts: 3807
8 years ago
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Tidy Author
wrote...

9 years ago
This helped my grade so much Perfect
wrote...

Yesterday
Good timing, thanks!
wrote...

2 hours ago
Correct Slight Smile TY
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