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    Exam 2: The Basics of Supply and Demand
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    When the Government Controls the Price of a Product, Causing
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When the Government Controls the Price of a Product, Causing

Question 79

Question 79

Multiple Choice

When the government controls the price of a product, causing the market price to be above the free market equilibrium price,


A) all producers gain.
B) both producers and consumers gain.
C) only consumers gain.
D) some, but not all, sellers can find buyers for their goods.

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