10. Is a Price Ceiling above or below equilibrium and why?
above equilibrium to prevent prices from falling to low
below equilibrium to prevent prices from falling to low
above equilibrium to set a maximum price that can be legally charged for a good
below equilibrium to set a maximum price that can be legally charged for a good
11. Inferior goods
Answers: 1
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10. Is a Price Ceiling above or below equilibrium and why?
above equilibrium to prevent prices from...
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