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    Exam 4: Extensions of Demand and Supply Analysis
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    In a Market, the Rationing Function of Prices Results in
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In a Market, the Rationing Function of Prices Results in

Question 94

Question 94

Multiple Choice

In a market, the rationing function of prices results in


A) long queues or waiting lines.
B) a price ceiling.
C) equilibrium.
D) a shortage or surplus.

Correct Answer:

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