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Refer to the Accompanying Figure to Answer the Following Questions

Question 95

Multiple Choice

Refer to the accompanying figure to answer the following questions.
Refer to the accompanying figure to answer the following questions. -If there is a $60 price ceiling imposed on a textbook,what will be the disequilibrium amount? A) There will be a shortage of 800,000 textbooks. B) There will be a surplus of 800,000 textbooks. C) There will be neither a shortage nor a surplus. D) There will be a shortage of 2,600,000 textbooks. E) There will be a shortage of 400,000 textbooks.
-If there is a $60 price ceiling imposed on a textbook,what will be the disequilibrium amount?


A) There will be a shortage of 800,000 textbooks.
B) There will be a surplus of 800,000 textbooks.
C) There will be neither a shortage nor a surplus.
D) There will be a shortage of 2,600,000 textbooks.
E) There will be a shortage of 400,000 textbooks.

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