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If the Government Removes a Binding Price Ceiling from a Market,then

Question 86

Multiple Choice

If the government removes a binding price ceiling from a market,then the price paid by buyers will


A) increase,and the quantity sold in the market will increase.
B) increase,and the quantity sold in the market will decrease.
C) decrease,and the quantity sold in the market will increase.
D) decrease,and the quantity sold in the market will decrease.

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