Multiple Choice
What action by the government will always cause a surplus?
A) when the government imposes a price floor above the equilibrium price
B) when the government imposes a price ceiling below the equilibrium price
C) when the government imposes a price floor below the equilibrium price
D) when the government imposes a price ceiling above the equilibrium price
Correct Answer:

Verified
Correct Answer:
Verified
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Q59: FIGURE 4-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5767/.jpg" alt="FIGURE 4-2
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Q61: FIGURE 4-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5767/.jpg" alt="FIGURE 4-5
Q62: TABLE 4-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5767/.jpg" alt="TABLE 4-2