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Author Question: Suppose the free-market equilibrium price of natural gas would be $2.00 per unit, but in an effort ... (Read 62 times)

jlol3

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on: Oct 12, 2022
Suppose the free-market equilibrium price of natural gas would be $2.00 per unit, but in an effort to protect consumers the government has fixed the price at $1.50. At this ceiling price the quantity ________ will be greater than the quantity ________, resulting in a ________ of natural gas.
◦ supplied; demanded; shortage
◦ supplied; demanded; surplus
◦ demanded; supplied; shortage
◦ demanded; supplied; reduction in equilibrium price
◦ demanded; supplied; surplus
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by jlol3 on Oct 12, 2022

GoldenBrown

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jlol3

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Reply 2 on: Oct 12, 2022
Excellent

milbourne11

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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