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When an artificial price is imposed on a market in equilibrium... Question 15 options: If price is higher than the equilibrium price, buyers gain some
When an artificial price is imposed on a market in equilibrium... Question 15 options: If price is higher than the equilibrium price, buyers gain some well-being at the expense of sellers. If price is lower than the equilibrium price, sellers gain some well-being at the expense of buyers. There is a deadweight loss. Total surplus increases
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