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-The Above Figure Shows the Market for Apples

Question 121

Multiple Choice

-The above figure shows the market for apples. If a consumer group convinces the government to set a maximum price of $2 per pound, then A) 300 pounds of apples will be sold at $2. B) no apples will be supplied. C) no apples will be demanded. D) there will be a shortage of 100 pounds of apples.
-The above figure shows the market for apples. If a consumer group convinces the government to set a maximum price of $2 per pound, then


A) 300 pounds of apples will be sold at $2.
B) no apples will be supplied.
C) no apples will be demanded.
D) there will be a shortage of 100 pounds of apples.

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