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    (Figure: Understanding Price Ceilings and Floors) in the Graph, a Maximum
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(Figure: Understanding Price Ceilings and Floors) in the Graph, a Maximum

Question 163

Question 163

True/False

(Figure: Understanding Price Ceilings and Floors) In the graph, a maximum price of $10 would allow for a binding price ceiling. (Figure: Understanding Price Ceilings and Floors) In the graph, a maximum price of $10 would allow for a binding price ceiling.

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