Which of the following would be the most likely result of a binding price ceiling imposed on the market for rental cars? Select one: O a. slow replacement of old rental cars with newer ones O b. frequent rental programs such as "Rent nine times and the tenth rental is free!" O c. free gasoline given to people as an incentive to a rent a car O d. enhanced maintenance programs to promote the high quality of the cars Next page

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Q: $17.00 $16.00 $15.00 $14 00 $13.00 $12.00 $11.00 $10.00 $9.00 $8.00 Demand 57 00 S6.00 $5.00 5400…

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