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A market has an effective price ceiling. Demand increases. What will happen in the market? a The quantity exchanged in the market will fall, and

A market has an effective price ceiling. Demand increases. What will happen in the market?

The quantity exchanged in the market will fall, and the price will rise.

The quantity exchanged in the market will rise, but the price will not change.

The quantity exchanged in the market and the price will both rise.

The quantity exchanged in the market and the price will not change.

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