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When a government sets a price floor which is below the equilibrium price A) a shortage will develop. B) a price ceiling will follow. C) a surplus will develop. D) the equilibrium
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What Sets The Ceiling For Product Prices? Price Ceiling!
What Sets The Ceiling For Product Prices? Price Ceiling!
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Price Ceilings and Floors. Price Ceilings 0 A price ceiling sets the highest price that can be charged for a good or service. The price is generally set. - ppt download