Question and answer
If a binding price ceiling were imposed in the computer market, __________. A. a shortage of computers would develop B. the quality of computers would increase C. the supply of computers would
decrease D. the demand for computers would increase
If a binding price ceiling were imposed in the computer market, A. a shortage of computers would develop.
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User: Which of the following would be most likely to contribute to the breakdown of a cartel in a natural resource (e.g., bauxite) market? A. High compatibility of member interests B. Unequal member ownership of the natural resource C. Low price elasticity of demand D. High prices

User: If a binding price ceiling were imposed in the computer market, __________. A. a shortage of computers would develop B. the quality of computers would increase C. the supply of computers would decrease D. the demand for computers would increase

Weegy: If a binding price ceiling were imposed in the computer market, A. a shortage of computers would develop.
Expert answered|jher000|Points 7800|

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Asked 11/4/2012 11:50:57 AM
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