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    Principles of Macroeconomics Study Set 8
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    Exam 7: Consumers Producers and the Efficiency of Markets: Market Efficiency
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    Figure 7-19 -Refer to Figure 7-19.If the Government Imposes a Price Ceiling
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Figure 7-19 -Refer to Figure 7-19.If the Government Imposes a Price Ceiling

Question 24

Question 24

Multiple Choice

Figure 7-19 Figure 7-19   -Refer to Figure 7-19.If the government imposes a price ceiling of $55 in this market,then total surplus will be A) $187.50. B) $125.00. C) $250.00. D) $266.67.
-Refer to Figure 7-19.If the government imposes a price ceiling of $55 in this market,then total surplus will be


A) $187.50.
B) $125.00.
C) $250.00.
D) $266.67.

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