11. A law that prevents prices from increasing because of an emergency serves as a ______ and...

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11. A law that prevents prices from increasing because of an emergency serves as a ______ and is meant to prevent ______. The result, however, creates a ______.

a. price floor; price gouging; shortage

b. price floor; price gouging; surplus

c. price ceiling; all profit from being made; shortage

d. price ceiling; price gouging; shortage

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Issues In Economics Today

ISBN: 9781264049271

9th Edition

Authors: Robert Guell

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Question Posted: Oct 15, 2024 05:03 AM

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11. A law that prevents prices from increasing because of an emergency serves as a ______ and...

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Issues In Economics Today

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