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If a Price Floor Is Set at $23 in the Market

Question 70

Multiple Choice

If a price floor is set at $23 in the market shown in the graph, which area(s) would represent the surplus that is transferred from consumers to producers? A) B + C + D B) B + C C) C D) B If a price floor is set at $23 in the market shown in the graph, which area(s) would represent the surplus that is transferred from consumers to producers?


A) B + C + D
B) B + C
C) C
D) B

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