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Question 14 5 pts (Table: The Market for Soda) Use Table: The Market for Soda. If the government imposes a price ceiling of $1 per

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Question 14 5 pts (Table: The Market for Soda) Use Table: The Market for Soda. If the government imposes a price ceiling of $1 per can of soda, the quantity of soda supplied will be cans. 1) choose the one you think is correct, 2) explain why this is correct or choose one incorrect option and explain why that option is incorrect (use theories you learnt from the course to explain, give proper calculation if needed) Table: The Market for Soda Market for a Can of Soda Price Quantity Demanded Quantity Supplied (S/unit) (cans) (cans) 0.50 10 0.75 1.00 = 3 0 00 NA O OO 1.25 1.50 A. 7 B. 8 C. 9 D. 10

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