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30 Jan 2018

Use the figure below to answer the following question. Price (dollars per unit per month) 50 100 150 200 250 Quantity (units per month) Figure 2 3) Refer to Figure 2. What would be the maximum black market price of the good if a price ceiling is set at $10 a unit? A) $10. B) 50 goods sold at $10 and 50 goods sold at $15. C) $15. D) $20. E) 50 goods sold at $10 and 50 goods sold at $20.

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Jamar Ferry
Jamar FerryLv2
2 Feb 2018
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