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Exhibit 4-2 Exhibit 4-2 Represents the Orange Juice Market. the Horizontal Line

Question 49

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Exhibit 4-2 Exhibit 4-2   Exhibit 4-2 represents the orange juice market. The horizontal line represents a price ceiling imposed by the government. How many fewer units would be exchanged at the price ceiling compared to the number that would be exchanged at the equilibrium price? A) 200 units. B) 100 units. C) 400 units. D) 800 units.
Exhibit 4-2 represents the orange juice market. The horizontal line represents a price ceiling imposed by the government. How many fewer units would be exchanged at the price ceiling compared to the number that would be exchanged at the equilibrium price?


A) 200 units.
B) 100 units.
C) 400 units.
D) 800 units.

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