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If Government Set a Maximum Price of $45 in the
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Question 246

Multiple Choice

 Quantity Demanded  Price  Quantity Supplied 52$5073624562724051823542923033\begin{array} { | c | r | c | } \hline \text { Quantity Demanded } & \text { Price } & \text { Quantity Supplied } \\\hline 52 & \$ 50 & 73 \\\hline 62 & 45 & 62 \\\hline 72 & 40 & 51 \\\hline 82 & 35 & 42 \\\hline 92 & 30 & 33 \\\hline\end{array} If government set a maximum price of $45 in the market,


A) a shortage of 21 units would arise.
B) a surplus of 21 units would arise.
C) a surplus of 40 units would arise.
D) it would create neither a shortage nor a surplus.

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