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If a Price Floor of $23 Were Placed in the Market

Question 47

Multiple Choice

If a price floor of $23 were placed in the market in the graph shown: A) a shortage of 37 would occur. B) a shortage of 10 would occur. C) a shortage of 27 would occur. D) None of these would occur. If a price floor of $23 were placed in the market in the graph shown:


A) a shortage of 37 would occur.
B) a shortage of 10 would occur.
C) a shortage of 27 would occur.
D) None of these would occur.

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