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Refer to Exhibit 4-3. If price P1 is a price ceiling, then Group of answer choices there is a surplus in the market for good

Refer to Exhibit 4-3. If price P1 is a price ceiling, then Group of answer choices there is a surplus in the market for good X. the highest price that can legally be charged in this market is P3. the price at which exchange legally takes place is P2. the price at which exchange legally takes place is P1

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