Refer to exhibit 4-1. in a free market, __ units of the good would be exchanged. with a price ceiling, _ units of th

Question

kakasveta [241]

3 years ago

7

Refer to exhibit 4-1. in a free market, __ units of the good would be exchanged. with a price ceiling, _ units of th

e good would be exchanged.
a. 175; 125
b. 75; 125
c. 125; 175
d. 125; 75

Business

1 answer:

solniwko [45] · Answer 1 · 2021-11-16T10:45:45+03:00

The answer is option "<span>d. 125; 75".
</span>
Free market alludes to an economy where the legislature or government forces few or no confinements and directions on purchasers and sellers. In a free market, members figure out what items are created, how, when and where they are made, to whom they are offered, and at what value—all in light of free market activity.

Refer to exhibit 4-1. in a free market, ________ units of the good would be exchanged. with a price ceiling, _______ units of th

Refer to exhibit 4-1. in a free market, __ units of the good would be exchanged. with a price ceiling, _ units of th