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Author Question: If the free-market equilibrium price for some product is $25, then a legal price ceiling set at $15 ... (Read 105 times)

kckanistras

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on: Oct 12, 2022
If the free-market equilibrium price for some product is $25, then a legal price ceiling set at $15 will bring about
◦ no change in the market outcomes.
◦ a surplus of the good.
◦ the same general effects as a price ceiling of $25.
◦ a shortage of the good.
◦ the same general effects as an equilibrium price of $15.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by kckanistras on Oct 12, 2022

studyforce.com

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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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kckanistras

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

jackie

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Reply 3 on: Yesterday
Excellent

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