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  3. Study Set
    Macroeconomics Study Set 43
  4. Exam
    Exam 3: B: Demand, Supply, and Market Equilibrium
  5. Question
    The Further a Ceiling Price Is Below the Equilibrium Price
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The Further a Ceiling Price Is Below the Equilibrium Price

Question 130

Question 130

True/False

The further a ceiling price is below the equilibrium price, the smaller will be the shortage of the product.

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