If An Effective Price Ceiling Is Placed On Hamburgers Then
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All of these are likely outcomes.
If an effective price ceiling is placed on hamburgers then. If an effective price ceiling is placed on hamburgers then. Consumers may want government to ration hamburger. Steve went to his favorite hamburger restaurant with 3 expecting to buy a 2 hamburger and a 1 soda.
A black market for hamburger may evolve. A the quantity demanded will exceed the quantity supplied b the price charged will be below the market clearing price c a black market for hamburges may evolve d all of these are likely outcomes. The quantity demanded will exceed the quantity supplied.
If an effective ceiling price is placed on hamburgers then. The quantity demanded will exceed the quantity supplied. The quantity demanded will exceed the quantity supplied.
If an effective ceiling price is placed on hamburgers then. Consumers may want government to ration hamburger. A black market for hamburger may evolve.
If an effective ceiling price is placed on hamburgers then. A black market for hamburger may evolve. All of these are likely outcomes.
A black market for hamburgers may evolve. All of these are likely outcomes. The quantity demanded will exceed the quantity supplied.
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