A price ceiling will result in a shortage only if the ceiling price is ____________ the equilibrium
Question:
A price ceiling will result in a shortage only if the ceiling price is ____________ the equilibrium price.
a. Less than
b. Equal to
c. Greater than
d. Louder than
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Related Book For
Microeconomics Principles, Problems and Policies
ISBN: 978-1259450242
20th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn
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