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    Microeconomics Study Set 29
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    Exam 5: Markets in Action
  5. Question
    A Price Ceiling Set Below the Free- Market Equilibrium Price
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A Price Ceiling Set Below the Free- Market Equilibrium Price

Question 9

Question 9

Multiple Choice

A price ceiling set below the free- market equilibrium price will result in


A) excess supply.
B) a clearing of the market.
C) surpluses.
D) excess demand.
E) greater quantity exchanged.

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