-In Figure 4-5,if the government imposes a price floor of $2,the result will be
A) equilibrium
B) no different than before the minimum price is imposed
C) a shortage
D) that the demand curve will shift leftward
E) a surplus

Question

-In Figure 4-5,if the government imposes a price floor of $2,the result will be
A) equilibrium 
B) no different than before the minimum price is imposed 
C) a shortage 
D) that the demand curve will shift leftward 
E) a surplus

Quizplus · Accepted Answer

The Answer of 
-In Figure 4-5,if the government imposes a price floor of $2,the result will be
A) equilibrium 
B) no different than before the minimum price is imposed 
C) a shortage 
D) that the demand curve will shift leftward 
E) a surplus

-In Figure 4-5,if the Government Imposes a Price Floor of $2,the