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    Exploring Economics Study Set 1
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    Exam 5: Market in Motion and Price Controls
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    The Imposition of a Binding Price Ceiling on a Market
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The Imposition of a Binding Price Ceiling on a Market

Question 73

Question 73

Multiple Choice

The imposition of a binding price ceiling on a market often results in:


A) ​an increase in investment in the industry.
B) ​a surplus.
C) ​a shortage.
D) ​a decrease in discrimination on the part of sellers.

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