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If a price ceiling is a binding constraint on the market: Group of answer choices the equilibrium price must be below the price ceiling the
If a price ceiling is a binding constraint on the market:
Group of answer choices
the equilibrium price must be below the price ceiling
the equilibrium price must be above the price ceiling
the forces of supply and demand must be in equilibrium
it will have no effect on supply or demand
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Econometric Analysis
Authors: William H. Greene
5th Edition
130661899, 978-0130661890
