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Use the Figure Below to Answer the Following Questions

Question 115

Multiple Choice

Use the figure below to answer the following questions. Use the figure below to answer the following questions.   Figure 6.1.2 -Refer to Figure 6.1.2.If a rigorously enforced price ceiling is set at $10,then A) 100 units will be sold at a price of $20 each. B) 100 units will be sold at a price of $15 each. C) 150 units will be sold at a price of $15 each. D) 200 units will be sold at a price of $10 each. E) 100 units will be sold at a price of $10 each. Figure 6.1.2
-Refer to Figure 6.1.2.If a rigorously enforced price ceiling is set at $10,then


A) 100 units will be sold at a price of $20 each.
B) 100 units will be sold at a price of $15 each.
C) 150 units will be sold at a price of $15 each.
D) 200 units will be sold at a price of $10 each.
E) 100 units will be sold at a price of $10 each.

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