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    Principles of Economics Study Set 8
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    Exam 6: Supply, Demand, and Government Policies
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    When a Price Ceiling Is Binding, Is the Price Ceiling
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When a Price Ceiling Is Binding, Is the Price Ceiling

Question 37

Question 37

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When a price ceiling is binding, is the price ceiling set above or below the market equilibrium price?

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A binding price ceil...

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