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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 332 times
1 Reply
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Answer verified by a subject expert
SydnieSydnie
wrote...
Top Poster
Posts: 3807
9 years ago
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Tidy Author
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9 years ago
Just got PERFECT on my quiz
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Yesterday
Thanks
Mcb
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2 hours ago
You make an excellent tutor!
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