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    Principles of Microeconomics
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    Exam 6: Price Ceilings and Price Floors
  5. Question
    -In Exhibit F-3, a Price Ceiling of 60 Results in
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-In Exhibit F-3, a Price Ceiling of 60 Results in

Question 111

Question 111

Multiple Choice

  -In Exhibit F-3, a price ceiling of 60 results in A)  market equilibrium B)  an excess demand of 40 C)  an excess demand of 50 D)  an excess supply of 40 E)  an excess supply of 50
-In Exhibit F-3, a price ceiling of 60 results in


A) market equilibrium
B) an excess demand of 40
C) an excess demand of 50
D) an excess supply of 40
E) an excess supply of 50

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