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Which causes a shortage of a gooda price ceiling or a price floor Justify your answer

Chapter 6, Problem Questions for Review 6.2

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QUESTION:

Which causes a shortage of a gooda price ceiling or a price floor? Justify your answer with a graph.

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QUESTION:

Which causes a shortage of a gooda price ceiling or a price floor? Justify your answer with a graph.

ANSWER:

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Price legislations are the legal norms that the government could adopt to facilitate the accomplishment of market transactions.

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