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    Microeconomics Study Set 44
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    Exam 5: Price Controls and Quotas: Meddling With Markets
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    A Persistent Shortage May Occur If
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A Persistent Shortage May Occur If

Question 136

Question 136

Multiple Choice

A persistent shortage may occur if:


A) the government imposes a price ceiling.
B) the government imposes a price floor.
C) demand keeps falling.
D) supply shifts rightward.

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