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    Modern Principles Microeconomics
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    Exam 8: Price Ceilings and Floors
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    Which Would MOST LIKELY Result After Setting a Price Ceiling
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Which Would MOST LIKELY Result After Setting a Price Ceiling

Question 193

Question 193

Multiple Choice

Which would MOST LIKELY result after setting a price ceiling on automobiles?


A) a surplus of automobiles
B) more friendly automobile salesmen
C) fewer safety features
D) an increase in demand for automobiles

Correct Answer:

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