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Suppose a there is a life-saving medication that, at market equilibrium, costs $10,000 per dose. The government wants to try to help consumers out, so

Suppose a there is a life-saving medication that, at market equilibrium, costs $10,000 per dose. The government wants to try to help consumers out, so they impose a maximum price allowed per dose of $100. Basic supply and demand models indicate that which of the following is/are likely to occur? Group of answer choices There will be a drug surplus in the market There will be a drug shortage in the market Demand will exceed supply Supply will exceed demand Both B & C are correct. Both A & D are correct

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