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To affect the market outcome, a price ceiling

A. must be set below the black market price.


B. must be set below the legal price.


C. must be set below the price floor.


D. must be set below the equilibrium price.

Respuesta :

Kalahira
Option D would be the best to select for this question. To affect the market outcome, a price ceiling must be set below the equilibrium price, as this means that the price cannot go any higher than it already is.

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