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Use the Following Figure to Answer the Questions That Follow

Question 113

Multiple Choice

Use the following figure to answer the questions that follow.
Use the following figure to answer the questions that follow. -Refer to the accompanying figure.At the price of the binding price floor,by how much would the quantity supplied change from the market equilibrium? A) The quantity supplied would increase by 32,000 units. B) The quantity supplied would decrease by 18,000 units. C) The quantity supplied would decrease by 30,500 units D) The quantity supplied would decrease by 30,500 units. E) The quantity supplied would decrease by 32,000 units.
-Refer to the accompanying figure.At the price of the binding price floor,by how much would the quantity supplied change from the market equilibrium? Use the following figure to answer the questions that follow. -Refer to the accompanying figure.At the price of the binding price floor,by how much would the quantity supplied change from the market equilibrium? A) The quantity supplied would increase by 32,000 units. B) The quantity supplied would decrease by 18,000 units. C) The quantity supplied would decrease by 30,500 units D) The quantity supplied would decrease by 30,500 units. E) The quantity supplied would decrease by 32,000 units.


A) The quantity supplied would increase by 32,000 units.
B) The quantity supplied would decrease by 18,000 units.
C) The quantity supplied would decrease by 30,500 units
D) The quantity supplied would decrease by 30,500 units.
E) The quantity supplied would decrease by 32,000 units.

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