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Figure 6-7 -Refer to Figure 6-7.Which of the Following Price Controls Would

Question 198

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Figure 6-7 Figure 6-7 -Refer to Figure 6-7.Which of the following price controls would cause a shortage of 20 units of the good? A) a price ceiling set at $6 B) a price ceiling set at $5 C) a price floor set at $9 D) a price floor set at $8
-Refer to Figure 6-7.Which of the following price controls would cause a shortage of 20 units of the good?


A) a price ceiling set at $6
B) a price ceiling set at $5
C) a price floor set at $9
D) a price floor set at $8

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