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  3. Study Set
    Economics Today
  4. Exam
    Exam 4: Extensions of Demand and Supply Analysis
  5. Question
    -Refer to the Above Figure
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-Refer to the Above Figure

Question 43

Question 43

Multiple Choice

  -Refer to the above figure. A price control has been set which has led to a surplus. This means that a A) price ceiling has been set at   . B) price floor has been set at   . C) price ceiling has been set at   . D) price floor has been set at   .
-Refer to the above figure. A price control has been set which has led to a surplus. This means that a


A) price ceiling has been set at   -Refer to the above figure. A price control has been set which has led to a surplus. This means that a A) price ceiling has been set at   . B) price floor has been set at   . C) price ceiling has been set at   . D) price floor has been set at   . .
B) price floor has been set at   -Refer to the above figure. A price control has been set which has led to a surplus. This means that a A) price ceiling has been set at   . B) price floor has been set at   . C) price ceiling has been set at   . D) price floor has been set at   . .
C) price ceiling has been set at   -Refer to the above figure. A price control has been set which has led to a surplus. This means that a A) price ceiling has been set at   . B) price floor has been set at   . C) price ceiling has been set at   . D) price floor has been set at   . .
D) price floor has been set at   -Refer to the above figure. A price control has been set which has led to a surplus. This means that a A) price ceiling has been set at   . B) price floor has been set at   . C) price ceiling has been set at   . D) price floor has been set at   . .

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