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    Exam 18: Elasticities, Price-Distorting Policies, and Non-Price Rationing
  5. Question
    An Equilibrium in the Presence of Price Floors Can Be
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An Equilibrium in the Presence of Price Floors Can Be

Question 18

Question 18

True/False

An equilibrium in the presence of price floors can be restored by increased consumer effort to obtain scarce goods.

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