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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 Floors
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Which Is Not an Inefficiency Caused by Price Floors

Question 1

Question 1

Essay

Which is not an inefficiency caused by price floors?
A.inefficiently low quality
B.inefficient allocation of sales among sellers
C.wasted resources
D.illegal activity

Correct Answer:

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