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28 Sep 2019
1. In no more than five lines of typed text below this question, describe where a price ceiling might lie graphically in relation to an equilibrium price and also describe the market impact or effects of that ceiling.
2. In no more than five lines of typed text below this question, describe where a price floor might lie graphically in relation to an equilibrium price and also describe the market impact or effects of that price floor.
1. In no more than five lines of typed text below this question, describe where a price ceiling might lie graphically in relation to an equilibrium price and also describe the market impact or effects of that ceiling.
2. In no more than five lines of typed text below this question, describe where a price floor might lie graphically in relation to an equilibrium price and also describe the market impact or effects of that price floor.
Joshua StredderLv10
28 Sep 2019