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Refer to the Accompanying Figure to Answer the Next Two

Question 20

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Refer to the accompanying figure to answer the next two questions.
Refer to the accompanying figure to answer the next two questions.    -You would expect there to be many customers for a black market good when the opportunity cost of finding the good under a: A)  binding price floor is high. B)  binding price floor is low. C)  nonbinding price ceiling is high. D)  binding price ceiling is low. E)  binding price ceiling is high.
-You would expect there to be many customers for a black market good when the opportunity cost of finding the good under a:


A) binding price floor is high.
B) binding price floor is low.
C) nonbinding price ceiling is high.
D) binding price ceiling is low.
E) binding price ceiling is high.

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