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A binding price ceiling creates a(n) ________. a. surplus b. shortage or a surplus depending on whether the price ceiling is set above or below
A binding price ceiling creates a(n) ________. a. surplus b. shortage or a surplus depending on whether the price ceiling is set above or below the equilibrium price c. shortage d. equilibrium
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Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
1st Edition
978-1464146978, 1464146977
