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-In Figure 4-2,if the Government Imposes a Price Ceiling of $2,the

Question 21

Multiple Choice

-In Figure 4-2,if the government imposes a price ceiling of $2,the result will be A) equilibrium B) excess supply C) no different than before the price ceiling is imposed D) excess demand E) the demand shifts leftward and supply shifts rightward
-In Figure 4-2,if the government imposes a price ceiling of $2,the result will be


A) equilibrium
B) excess supply
C) no different than before the price ceiling is imposed
D) excess demand
E) the demand shifts leftward and supply shifts rightward

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