Figure 6-18

-Refer to Figure 6-18. If the government set a price floor at $15, would there be a shortage or surplus, and how large would be the shortage/surplus?

Question

Figure 6-18
  ​
-Refer to Figure 6-18. If the government set a price floor at $15, would there be a shortage or surplus, and how large would be the shortage/surplus?

Quizplus · Accepted Answer

The Answer of Figure 6-18
  ​
-Refer to Figure 6-18. If the government set a price floor at $15, would there be a shortage or surplus, and how large would be the shortage/surplus?

Figure 6-18 ​

Figure 6-18