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  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 6: Price Ceilings and Price Floors
  5. Question
    Price Ceilings Are Only Effective When They Are Placed Below
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Price Ceilings Are Only Effective When They Are Placed Below

Question 101

Question 101

True/False

Price ceilings are only effective when they are placed below the market equilibrium price.

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