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【图片】Refer to the figure above. Now suppose that the government imposes a price ceiling of $40. What is the most likely result?

、The market would reach a new equilibrium at a price of $40.
B、Many sellers would go out of business because $40 is above the equilibrium.
C、There would be no change in the price.
An underground, or black, market would emerge where this product would be sold at a price above $40.

发布时间:2024-12-19 18:28:27
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答案:There would be no change in the price.
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