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Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772 Exercise 11
A price ceiling will result in a shortage only if the ceiling price is ____________ the equilibrium price.
a. Less than.
b. Equal to.
c. Greater than.
d. Louder than.
a. Less than.
b. Equal to.
c. Greater than.
d. Louder than.
Explanation
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A shortage is caused when demand for a g...
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
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