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Question: quantity 7 in the graph above under a legal price...

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Quantity 7. In the graph above, under a legal price ceiling of I, the price and quantity traded would be A. PriceXand quantity C B. Price X and quantity B C. Price I and quantity A D. Price Xand quantity A $20 $10 8. In the graph shown above, a legal price ceiling of S10 which is effectively enforced will result n a A. Surplus of 2 units B. Shortage of 2 units C. Surplus of 1 unit D. Shortage of unit

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