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-Refer to Exhibit 4-9

Question 54

Multiple Choice

-Refer to Exhibit 4-9.Suppose that the government imposes a price ceiling at a price of $13._________ units would be exchanged at the equilibrium price and ____________ units would be exchanged with the price ceiling in effect. A) 150; 220 B) 150; 150 C) 110; 180 D) 150; 90
-Refer to Exhibit 4-9.Suppose that the government imposes a price ceiling at a price of $13._________ units would be exchanged at the equilibrium price and ____________ units would be exchanged with the price ceiling in effect.


A) 150; 220
B) 150; 150
C) 110; 180
D) 150; 90

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