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Question 25 4 points Suppose demand for comedy show tickets is given by P = 50 - Q and the supply for comedy show tickets

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Question 25 4 points Suppose demand for comedy show tickets is given by P = 50 - Q and the supply for comedy show tickets is given by P = 10 + 4Q. Suppose a price ceiling of $38 is levied. What would be the outcome of this price ceiling? 5 ticket shortage 5 ticket surplus 8 ticket shortage 8 ticket surplus Click Submit to complete this assessment.

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