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    Modern Principles Microeconomics
  4. Exam
    Exam 8: Price Ceilings and Floors
  5. Question
    Which Statement Is NOT an Effect of a Price Ceiling
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Which Statement Is NOT an Effect of a Price Ceiling

Question 73

Question 73

Multiple Choice

Which statement is NOT an effect of a price ceiling?


A) surpluses
B) misallocation of resources
C) loss of gains from trade
D) wasteful lineups

Correct Answer:

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