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The current equilibrium price of a specific type of automobiles is $23,000. An increase of a price ceiling on automobiles from $20,000 to $25,000 will do what to the amount sold…

The current equilibrium price of a specific type of automobiles is $23,000. An increase of a price ceiling on automobiles from $20,000 to $25,000 will do what to the amount sold…
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The current equilibrium price of a specific type of automobiles is $23,000. An increase of a price ceiling on automobiles from $20,000 to $25,000 will do what to the amount sold in the market and to the price of automobiles?.

asked
User Jeon
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7.9k points

1 Answer

6 votes

Answer:

$25,000

Step-by-step explanation:

i will sell more automobiles to make more money

answered
User Kmt
by
8.8k points
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