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corie corie
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6 years ago
Suppose the U.S. government imposes a maximum price of $5 per gallon of gasoline, and the current equilibrium price is $3.50 per gallon.  This policy represents a:
A) binding price floor.
B) non-binding price floor.
C) binding price ceiling.
D) non-binding price ceiling.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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Bart_argBart_arg
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#1
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6 years ago
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corie Author
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6 years ago
Thanks
jamiebonf99
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Yesterday
Smart ... Thanks!
foxrcng11
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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