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    Microeconomics Study Set 29
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    Exam 5: Markets in Action
  5. Question
    FIGURE 5- 1 -Refer to Figure 5- 1. with a Price Ceiling of Price
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FIGURE 5- 1 -Refer to Figure 5- 1. with a Price Ceiling of Price

Question 59

Question 59

Multiple Choice

  FIGURE 5- 1 -Refer to Figure 5- 1. With a price ceiling of P3, how large will the resulting shortage be? A)  AF B)  FC C)  FD D)  AC E)  BC FIGURE 5- 1
-Refer to Figure 5- 1. With a price ceiling of P3, how large will the resulting shortage be?


A) AF
B) FC
C) FD
D) AC
E) BC

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