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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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    Price Controls Encourage Black Markets Because
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Price Controls Encourage Black Markets Because

Question 95

Question 95

Multiple Choice

Price controls encourage black markets because:


A) they eliminate opportunity costs.
B) individuals can profit by illegal exchanges.
C) they create too much efficiency.
D) they create too much equity.

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