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    Microeconomics Study Set 40
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    Exam 5: Price Controls and Quotas: Meddling With Markets
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    Which Is Not an Inefficiency Caused by Price Ceilings
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Which Is Not an Inefficiency Caused by Price Ceilings

Question 133

Question 133

Essay

Which is not an inefficiency caused by price ceilings?
A.inefficient allocation to consumers
B.wasted resources
C.illegal activity
D.inefficient allocation of sales among sellers

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