Figure: The Market for English Textbooks
(Figure: The Market for English Textbooks) Look at the figure The Market for English Textbooks.With a binding price floor at $90 in the market, the market outcome would be:
A.a surplus of 45 textbooks.
B.a surplus of 30 textbooks.
C.a shortage of 45 textbooks.
D.a shortage of 30 textbooks.
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(Figure: The
A.a lower limit on the
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A)always increase economic efficiency.
B)always lead to
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