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Figure 6-5 -Refer to Figure 6-5.If Government Imposes a Price Floor at Price

Question 97

Multiple Choice

Figure 6-5 Figure 6-5 -Refer to Figure 6-5.If government imposes a price floor at $9,then the price floor causes A) quantity demanded to decrease by 40 units. B) quantity supplied to increase by 20 units. C) a surplus of 60 units. D) All of the above are correct.
-Refer to Figure 6-5.If government imposes a price floor at $9,then the price floor causes


A) quantity demanded to decrease by 40 units.
B) quantity supplied to increase by 20 units.
C) a surplus of 60 units.
D) All of the above are correct.

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