Multiple Choice

-In the above figure, a price floor of $4
A) leads to a shortage.
B) leads to a surplus.
C) has no effect.
D) shifts the demand curve leftward.
Correct Answer:
Verified
Related Questions

-In the above figure, a price floor of $4
A) leads to a shortage.
B) leads to a surplus.
C) has no effect.
D) shifts the demand curve leftward.
Correct Answer:
Verified