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1. Suppose the government introduces a price ceiling that is 40 cents different from the prese Would the result be a surplus of a shortage?

1. Suppose the government introduces a price ceiling that is 40 cents different from the prese Would the result be a surplus of a shortage? Of what quantity? 1.30 1,40 1.20 Price boer It 1.00 0 52 60 Quantity of milk per lia thousands of litres)

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