Suppose that the equilibrium price of an article is N5.00 but the government fixes the price by law at N4.00, the supply will be
A. The same as equilibrium supply
B. Greater than equilibrium supply
C. Less than the equilibrium supply
D. Determined later by government
E. None of these?
In Economics
1 Answers Available
Asked by Juliet on 23rd January, 2023
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