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Author Question: When a price ceiling below the equilibrium price is imposed on a good, production of the good (Read 65 times)

crazycityslicker

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on: May 24, 2019
When a price ceiling below the equilibrium price is imposed on a good, production of the good
◦ increases.
◦ decreases.
◦ does not change.
◦ is frozen at the pre-ceiling level.
◦ either increases or decreases depending on whether the supply of the good increases or decreases when the price ceiling is imposed.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by crazycityslicker on May 24, 2019

mmpiza

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Reply #1 on: May 24, 2019
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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crazycityslicker

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Reply 2 on: May 24, 2019
Excellent

nanny

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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