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QUESTION 14 Price points Q2 Q3 Quantit Refer to the diagram above. Assume that a price ceiling is imposed at point G, le, the price


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QUESTION 14 Price points Q2 Q3 Quantit Refer to the diagram above. Assume that a price ceiling is imposed at point G, le, the price is now represented by the distance OG. Ale the price ceiling is imposed, consumer surplus_ and is now represented by the area decreases; BJEH increases; BAEH decreases; JAE increases, GAEF does not change; BAC

QUESTION 14 Price Q1 Q2 Q3 Quantity 1 points Refer to the diagram above. Assume that a price ceiling is imposed at point G, Le, the price is now represented by the distance OG. After and is now represented by the area, the price ceiling is imposed, consumer surplus, 0 decreases: BEH increases; BAEH decreases; JAE increases; GAEF does not change; BAC OOOOO

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