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A Price Floor in the Market Shown in the Graph

Question 75

Multiple Choice

A price floor in the market shown in the graph would be non-binding if it were set at: A) $30. B) $23. C) $16. D) Any of these prices. A price floor in the market shown in the graph would be non-binding if it were set at:


A) $30.
B) $23.
C) $16.
D) Any of these prices.

Correct Answer:

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