Question: 4 If a price ceiling is set below the equilibrium price in a market, Multiple Choice 0 2 : 1 3 : 4 9 surpluses

4 If a price ceiling is set below the equilibrium price in a market,
Multiple Choice
02:13:49
surpluses of the commodity will develop.
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the quantity demanded will exceed the quantity supplied.
the quantity supplied will exceed the quantity demanded.
rationing will be unnecessary.
4 If a price ceiling is set below the equilibrium

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