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-Using Exhibit F-5, Calculate the Excess Demand for Peanut Butter

Question 38

Multiple Choice

-Using Exhibit F-5, calculate the excess demand for peanut butter if a price ceiling of 6 is imposed by the government. A) 2,700 B) -2,700 C) 3,200 D) 10,300 E) -10,300
-Using Exhibit F-5, calculate the excess demand for peanut butter if a price ceiling of 6 is imposed by the government.


A) 2,700
B) -2,700
C) 3,200
D) 10,300
E) -10,300

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