3. A price ceiling will result in a shortage only if the ceiling price is _______________ the...
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3. A price ceiling will result in a shortage only if the ceiling price is _______________ the equilibrium price. LO3.7
a. Less than.
b. Equal to.
c. Greater than.
d. Faster than.
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Related Book For
Macroeconomics
ISBN: 9781259915673
21st Edition
Authors: Campbell McConnell, Stanley Brue , Sean Flynn
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