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13 Feb 2018

Lise the figure below to answer the following questions. Price (dollars per unit per month) 0 50 100 150 200 250 Quantity (units per month Figure 6.1.2 5) Refer to Figure 6.1.2. What would be the maximum black market price of the good if a price ceiling is set at $10 a unit? A) 50 goods sold at $10 and 50 goods sold at $15. B) $10. C) 50 goods sold at $10 and 50 goods sold at $20. D) $15. E) $20.

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Lelia Lubowitz
Lelia LubowitzLv2
16 Feb 2018
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