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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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    Which Is NOT an Inefficiency Caused by Binding Price Ceilings
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Which Is NOT an Inefficiency Caused by Binding Price Ceilings

Question 198

Question 198

Multiple Choice

Which is NOT an inefficiency caused by binding price ceilings?


A) inefficient allocation to consumers
B) wasted resources
C) illegal activity
D) inefficient allocation of sales among sellers

Correct Answer:

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