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Social Studies, 21.04.2020 16:18 babytea

Which statements correctly explain price floors and price ceilings? Check all that apply
Ineffective price floors tend to be too high.
Ineffective price ceilings tend to be too low.
Price floors help producers by raising prices.
Price ceilings help consumers by lowering prices
Effective price floors are set above equilibrium
Effective price ceilings are set below equilibrium

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Which statements correctly explain price floors and price ceilings? Check all that apply
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