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TABLE 4-3 -Refer to Table 4-3. What Will Result If the Government

Question 2

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TABLE 4-3
TABLE 4-3 -Refer to Table 4-3. What will result if the government imposes a $1 price ceiling? A) a 600 000 litre surplus B) a 250 000 litre surplus C) a 250 000 litre shortage D) a 600 000 litre shortage
-Refer to Table 4-3. What will result if the government imposes a $1 price ceiling?


A) a 600 000 litre surplus
B) a 250 000 litre surplus
C) a 250 000 litre shortage
D) a 600 000 litre shortage

Correct Answer:

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