(Figure: Determining Surplus and Loss) In the graph, a minimum price of $5 would allow for a binding price floor. 
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Q163: Suppose the equilibrium price for a gallon
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Q166: Which activity typically generates an external cost?
A)
Q167: The best definition of "externalities" is
A) the
Q169: It would be difficult for a private
Q170: Suppose that a customer's willingness-to-pay for a
Q171: A price floor is binding when it
A)
Q172: An economist says, "An effective price ceiling
Q173: (Figure: Determining Surplus 5) According to the
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