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    Economics Today
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    Exam 4: Extensions of Demand and Supply Analysis
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    -Refer to the Above Figure
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-Refer to the Above Figure

Question 34

Question 34

Multiple Choice

  -Refer to the above figure. A price control has been set which has led to a shortage. This means that a A)  price ceiling has been set at   . B)  price floor has been set at   . C)  price ceiling has been set at   . D)  price floor has been set at   .
-Refer to the above figure. A price control has been set which has led to a shortage. This means that a


A) price ceiling has been set at   -Refer to the above figure. A price control has been set which has led to a shortage. This means that a A)  price ceiling has been set at   . B)  price floor has been set at   . C)  price ceiling has been set at   . D)  price floor has been set at   . .
B) price floor has been set at   -Refer to the above figure. A price control has been set which has led to a shortage. This means that a A)  price ceiling has been set at   . B)  price floor has been set at   . C)  price ceiling has been set at   . D)  price floor has been set at   . .
C) price ceiling has been set at   -Refer to the above figure. A price control has been set which has led to a shortage. This means that a A)  price ceiling has been set at   . B)  price floor has been set at   . C)  price ceiling has been set at   . D)  price floor has been set at   . .
D) price floor has been set at   -Refer to the above figure. A price control has been set which has led to a shortage. This means that a A)  price ceiling has been set at   . B)  price floor has been set at   . C)  price ceiling has been set at   . D)  price floor has been set at   . .

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