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If the government is effective is regulating price ceilings, a binding price ceiling will G100 i ) a shortage that Is temporary, since market adjustment

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If the government is effective is regulating price ceilings, a binding price ceiling will G100 i ) a shortage that Is temporary, since market adjustment will cause price to rise. ) a shortage that cannot be eliminated through market adjustment. ) a surplus that cannot be eliminated through market adjustment. ) a surplus that is temporary, since market adjustment will cause price to rise

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