Multiple Choice
Suppose current equilibrium price of pizza is $5.If the government decides the price of pizza cannot rise above $4,there would be:
A) a shortage of pizzas.
B) a surplus of pizzas.
C) a rightward shift of the supply curve of pizzas.
D) no impact on the equilibrium price and quantity of pizzas.
E) a rightward shift in the demand curve for pizzas.
Correct Answer:
Verified
Correct Answer:
Verified
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