If a price ceiling were imposed in a fish market whose equilibrium price was substantially above the

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If a price ceiling were imposed in a fish market whose equilibrium price was substantially above the ceiling, what effect would the price ceiling on fish have on the demand for meat and fowl?

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Principles of Economics

ISBN: 978-1285064437

7th edition

Authors: Fred M. Gottheil

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Question Posted: Apr 21, 2015 09:32 AM

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If a price ceiling were imposed in a fish market whose equilibrium price was substantially above the

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The price ceiling would lower fish prices but ...View the full answer

Principles of Economics

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