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-Refer to Exhibit 4-11

Question 48

Multiple Choice

-Refer to Exhibit 4-11.Suppose that the government imposes a price ceiling in the market for good ABC at a price of $4.The number of units that would be exchanged in the market for good ABC at the price ceiling would be _________ units. A) 20 B) 40 C) 60 D) 100
-Refer to Exhibit 4-11.Suppose that the government imposes a price ceiling in the market for good ABC at a price of $4.The number of units that would be exchanged in the market for good ABC at the price ceiling would be _________ units.


A) 20
B) 40
C) 60
D) 100

Correct Answer:

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