Business, 27.11.2019 02:31 yaya111601
Suppose the government imposes a price ceiling above the equilibrium price of a given good. which of the following is the most likely result?
a) some other rationing device will emerge to allocate the good among buyers.
b) some buyers and sellers will be willing to risk breaking the law in order to exchange the goods.
c) no change will occur in the market.
d) there may be buyers who are willing to pay quite high prices so they can consume more than what they are consuming now.
e) a, b, and d
Answers: 1
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The last time he flew jet value air, juan's plane developed a fuel leak and had to make an 4) emergency landing. the time before that, his plane was grounded because of an electrical problem. juan is sure his current trip will be fraught with problems and he will once again be delayed. this is an example of the bias a) confirmation b) availability c) selective perception d) randomness
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Business, 22.06.2019 11:30
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