Business
Business, 29.10.2019 04:31, kingemzy

Suppose the equilibrium price of a physical examination ("physical") by a doctor is $200, and the government imposes a price ceiling of $150 per physical. as a result of the price ceiling, the
a. demand curve for physicals shifts to the right. b. supply curve for physicals shifts to the left.
c. quantity demanded of physicals increases, and the quantity supplied of physicals decreases.
d. number of physicals performed stays the same.

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Answers: 2

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Suppose the equilibrium price of a physical examination ("physical") by a doctor is $200, and the go...

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