Multiple Choice
Use the following to answer questions:
-(Figure: The Market for Economics Textbooks) Use Figure: The Market for Economics Textbooks.Suppose that the government believes textbooks are too expensive and it wants to make sure textbooks are affordable to more students.This type of price control is called a price _____,and one possible binding price control would be _____.
A) floor;$100
B) floor;$40
C) ceiling;$40
D) ceiling;$100
Correct Answer:

Verified
Correct Answer:
Verified
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