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Consider the Market for Feather Pillows

Question 125

Multiple Choice

Consider the market for feather pillows.If the government places a binding price floor on feather pillows,then


A) there is a shortage of feather pillows.
B) there is a decrease in the demand for feather pillows.
C) there is a public uproar that feather pillows are too expensive.
D) there is a surplus of feather pillows at the price floor.
E) the demand curve for feather pillows shifts rightward.

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