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    Microeconomics Theory and Applications Study Set 2
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    Exam 2: Supply and Demand
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    Price Ceilings Are Often Associated With
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Price Ceilings Are Often Associated With

Question 34

Question 34

Multiple Choice

Price ceilings are often associated with:


A) price rationing.
B) quality deterioration.
C) quality enhancement.
D) excess supplies.

Correct Answer:

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