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When a Binding Price Ceiling Is Imposed on a Market

Question 105

Multiple Choice

When a binding price ceiling is imposed on a market to benefit buyers,


A) every buyer in the market benefits.
B) every buyer and seller in the market benefits.
C) every buyer who wants to buy the good will be able to do so,but only if he waits in long lines.
D) some buyers will not be able to buy any amount of the good.

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