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(Solved): Based on the graph, if the government imposes a price ceiling of $30 in this market, then over time, ...



Based on the graph, if the government imposes a price ceiling of $30 in this market, then over time, there will be A coordinate plane relates price along the vertical axis to quantity along the horizontal axis, and represents two straight lines.The horizontal axis ranges from 100 to 800, in increments of 100, and the vertical axis ranges from 5 to 50, in increments of 5. The straight lines intersect S and D, intersecting each other at the point (400, 25). Multiple Choice a surplus of 200 units. a shortage of 200 units. neither a shortage nor a surplus as price will settle at equilibrium. a surplus of 100 units.



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