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Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
Edition 20ISBN: 978-0077660895Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn
Edition 20ISBN: 978-0077660895 Exercise 16
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) Faster than.
A) Less than.
B) Equal to.
C) Greater than.
D) Faster 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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