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    Exam 11: Performance and Strategy in Competitive Markets
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    A Price Ceiling Is a Costly and Seldom Used Mechanism
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A Price Ceiling Is a Costly and Seldom Used Mechanism

Question 32

Question 32

Multiple Choice

A price ceiling is a costly and seldom used mechanism for:


A) restraining excess supply.
B) restraining excess demand.
C) counteracting the effects of falling productivity.
D) counteracting the effects of rising productivity.

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