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    Economics Principles and Policy Study Set 1
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    Exam 14: The Case for Free Markets: the Price System
  5. Question
    Higher Prices May Serve the Public Interest When
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Higher Prices May Serve the Public Interest When

Question 105

Question 105

Multiple Choice

Higher prices may serve the public interest when:


A) ​there is a shortage of goods or services available 
B) ​there is an uneven distribution of traffic on alternate routes 
C) ​higher prices never serve the public interest 
D) ​both a and b

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