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Figure 6-10 -Refer to Figure 6-10.A Price Floor Set at

Question 132

Multiple Choice

Figure 6-10
Figure 6-10 -Refer to Figure 6-10.A price floor set at A) $6 will be binding and will result in a surplus of 8 units. B) $6 will be binding and will result in a surplus of 4 units. C) $16 will be binding and will result in a surplus of 12 units. D) $16 will be binding and will result in a surplus of 6 units.
-Refer to Figure 6-10.A price floor set at

A) $6 will be binding and will result in a surplus of 8 units.
B) $6 will be binding and will result in a surplus of 4 units.
C) $16 will be binding and will result in a surplus of 12 units.
D) $16 will be binding and will result in a surplus of 6 units.

Correct Answer: