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Ryanteck Ryanteck
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6 years ago
If the government imposes a maximum price that is above the equilibrium price,
A) quantity demanded will be less than quantity supplied.
B) demand will be greater than supply.
C) the available supply will have to be rationed with a nonprice rationing mechanism.
D) this maximum price will have no economic impact.
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Akshtsaklani21Akshtsaklani21
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6 years ago
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Ryanteck Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Smart ... Thanks!
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2 hours ago
this is exactly what I needed
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