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6 October, 17:26

Consider the above table. if the government imposes a price ceiling on garbanzo beans of? $8, what would be the likely? result

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  1. 6 October, 20:48
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    On the off chance that the government forces a price ceiling on garbanzo beans of $8 it will come about the market equilibrium will be reached.

    Market equilibrium is a state in which the market supply in the market is equivalent to the request in the market. The equilibrium price is the cost of a decent or administration when the supply of it is equivalent to the interest for it in the market.
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