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    Microeconomics Study Set 25
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    Exam 5: Price Controls and Quotas: Meddling With Markets
  5. Question
    An Effective Price Ceiling Will MOST Likely Result In
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An Effective Price Ceiling Will MOST Likely Result In

Question 212

Question 212

Multiple Choice

An effective price ceiling will MOST likely result in:


A) an increase in the price.
B) a decrease in deadweight loss.
C) a decrease in producer surplus.
D) no change in either producer or consumer surplus.

Correct Answer:

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