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Which of the Following Is True

Question 143

Multiple Choice

Which of the following is true?


A) It is possible to eliminate a surplus by raising a price floor sufficiently.
B) It is possible to create a surplus by raising a price ceiling sufficiently.
C) It is possible to eliminate a shortage by raising a price ceiling sufficiently.
D) It is possible to create a shortage by lowering a price floor sufficiently.
E) All of the above are true.

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