lmoleary7469 lmoleary7469

02-01-2023
Business

Answered

Refer to Exhibit 4-11. Suppose that the government imposes a price ceiling in the market for good ABC at a price of $4. How many fewer units would be exchanged at the price ceiling than would be exchanged if the market for good ABC were a free market?
a. 20
b. 30
c. 40
d. 60
e. 80

Answer :

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