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If the equilibrium price of natural gas in Freedonia is $9.50 per cubic metre and a price ceiling is imposed at $8.00 per cubic metre,

If the equilibrium price of natural gas in Freedonia is $9.50 per cubic metre and a price ceiling is imposed at $8.00 per cubic metre, the result will be a (an) : Select one: O a. surplus. cross out . b. shortage. cross out x c. depletion of inventories. cross out O d. equilibrium. cross out O e. band c. cross out

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