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18 Aug 2020
Which example best demonstrates the effect of artificial price controls on supply and demand?
A) Both rent controls and minimum wage laws result in shortages.
B) Both rent controls and minimum wage laws result in surpluses.
C) Rent controls result in surpluses and minimum wage laws result in shortages.
D) Rent controls result in shortages and minimum wage laws result in surpluses.
Which example best demonstrates the effect of artificial price controls on supply and demand?
A) Both rent controls and minimum wage laws result in shortages.
B) Both rent controls and minimum wage laws result in surpluses.
C) Rent controls result in surpluses and minimum wage laws result in shortages.
D) Rent controls result in shortages and minimum wage laws result in surpluses.
B) Both rent controls and minimum wage laws result in surpluses.
C) Rent controls result in surpluses and minimum wage laws result in shortages.
D) Rent controls result in shortages and minimum wage laws result in surpluses.
Ronaldo MendozaLv10
14 Sep 2020
