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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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    If the Government Feels That the Price in the Market
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If the Government Feels That the Price in the Market

Question 202

Question 202

Multiple Choice

If the government feels that the price in the market is too low for the , it can impose a _.


A) consumers; price ceiling
B) consumers; price floor
C) producers; price ceiling
D) producers; price floor

Correct Answer:

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