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In the town of Okai, Japan, the equilibrium market price for fresh fish is 450 Yen per kilogram. We expect to see a ________ if
In the town of Okai, Japan, the equilibrium market price for fresh fish is 450 Yen per kilogram. We expect to see a ________ if a price ceiling on fish is imposed ________ 450 Yen. Question 27Select one: A. shortage of fish; below B. shortage of fish; above C. shortage of fish; at D. surplus of fish; below E. surplus of fish; above
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Managerial Economics and Strategy
Authors: Jeffrey M. Perloff, James A. Brander
2nd edition
134167879, 134167872, 9780134168319 , 978-0134167879
