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

Question 71

Multiple Choice

If a price floor of $23 were placed in the market in the graph shown: A) a surplus of 27 would occur. B) a surplus of 37 would occur. C) a surplus of 10 would occur. D) a surplus of 20 would occur. If a price floor of $23 were placed in the market in the graph shown:


A) a surplus of 27 would occur.
B) a surplus of 37 would occur.
C) a surplus of 10 would occur.
D) a surplus of 20 would occur.

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