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Refer to the Accompanying Figure to Answer the Following Questions

Question 168

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 $180 price ceiling imposed on a textbook,what will be the disequilibrium amount? A) There will be a shortage of 1,500,000 units. B) There will be a shortage of 800,000 units. C) There will not be a shortage. D) There will be a shortage of 3,000,000 units. E) There will be a shortage of 450,000 units.
-If there is a $180 price ceiling imposed on a textbook,what will be the disequilibrium amount?


A) There will be a shortage of 1,500,000 units.
B) There will be a shortage of 800,000 units.
C) There will not be a shortage.
D) There will be a shortage of 3,000,000 units.
E) There will be a shortage of 450,000 units.

Correct Answer:

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