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6 Oct 2020
With the presence of a binding price ceiling set by the government in the market, an increase in the price ceiling will ____ the quantity supplied,_____ the quantity demanded, and the ______ will be reduced.
A. decrease, increase, surplus
B. increase, decrease, surplus
C. decrease, increase, shortage
D. increase, decrease, shortage
Ā
With the presence of a binding price ceiling set by the government in the market, an increase in the price ceiling will ____ the quantity supplied,_____ the quantity demanded, and the ______ will be reduced.
A. decrease, increase, surplus
B. increase, decrease, surplus
C. decrease, increase, shortage
D. increase, decrease, shortage
Ā
evangelistaLv10
27 Oct 2022
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Romarie Khazandra MarijuanLv10
25 Oct 2020
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