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Figure 6-1 Panel (a) Figure 6-1  Panel (a)    Panel (b)     -Refer to Figure 6-1.A binding price ceiling is shown in A) panel (a) only. B) panel (b) only. C) both panel (a) and panel (b) . D) neither panel (a) nor panel (b) . Panel (b) Figure 6-1  Panel (a)    Panel (b)     -Refer to Figure 6-1.A binding price ceiling is shown in A) panel (a) only. B) panel (b) only. C) both panel (a) and panel (b) . D) neither panel (a) nor panel (b) . -Refer to Figure 6-1.A binding price ceiling is shown in


A) panel (a) only.
B) panel (b) only.
C) both panel (a) and panel (b) .
D) neither panel (a) nor panel (b) .

E) A) and D)
F) C) and D)

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The price received by sellers in a market will increase if the government


A) decreases a binding price floor in that market.
B) increases a binding price ceiling in that market.
C) increases a tax on the good sold in that market.
D) imposes a binding price ceiling in that market.

E) A) and C)
F) B) and C)

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