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Scalping and Other Black Market Activities Arise When

Question 154

Multiple Choice

Scalping and other black market activities arise when


A) the prices of goods are allowed to adjust to their equilibrium levels.
B) the quantities of goods demanded and supplied are allowed to adjust to their equilibrium levels.
C) the prices of goods are restricted to levels above equilibrium prices.
D) the prices of goods are restricted to levels below equilibrium prices.

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