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    Microeconomics Study Set 25
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    Exam 5: Price Controls and Quotas: Meddling With Markets
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    When Price Controls Take the Form of Maximum Prices Set
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When Price Controls Take the Form of Maximum Prices Set

Question 94

Question 94

Multiple Choice

When price controls take the form of maximum prices set below the equilibrium price,they are:


A) illegal.
B) equal to the demand price.
C) price floors.
D) price ceilings.

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