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If a government introduces a maximum alcoholic drink price below the market equilibrium price, which of the following will occur in the short run? Select
If a government introduces a maximum alcoholic drink price below the market equilibrium price, which of the following will occur in the short run?
Select one:
a.
A shortage of alcohol.
b.
The alcoholic drink market will be unaffected
c.Reduced demand for alcoholic drinks
d.An increase in the alcoholic drink price
e.A surplus of alcohol
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