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Figure 6-2 -Refer to Figure 6-2.If the Government Imposes a Binding Price

Question 25

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Figure 6-2 -Refer to Figure 6-2.If the government imposes a binding price floor of $14.00 in this market,what is the result

Figure 6-2
Figure 6-2 -Refer to Figure 6-2.If the government imposes a binding price floor of $14.00 in this market,what is the result A) a surplus of 30 units B) a shortage of 30 units C) a surplus of 40 units D) a shortage of 40 units
-Refer to Figure 6-2.If the government imposes a binding price floor of $14.00 in this market,what is the result


A) a surplus of 30 units
B) a shortage of 30 units
C) a surplus of 40 units
D) a shortage of 40 units

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