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Author Question: If a government-imposed price ceiling causes the observed price in a market to be below the ... (Read 64 times)

EY67

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on: Jul 1, 2018
If a government-imposed price ceiling causes the observed price in a market to be below the equilibrium price,
 
  A) there will be excess demand.
  B) there will be excess supply.
  C) the curves will shift to make a new equilibrium at the regulated price.
  D) None of the above.

Question 2

When rent controls result in a shortage of housing, landlords
 
  A) use criteria other than price to allocate housing.
  B) lower the price to allocate the housing.
  C) attempt to attract renters.
  D) None of the above.
Microeconomics ¦ Perloff ¦ 8th Edition
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InfiniteSteez

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Reply #1 on: Jul 1, 2018
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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EY67

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

covalentbond

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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