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Figure 6-8 -Refer to Figure 6-8.If the Government Imposes a Price Floor

Question 112

Multiple Choice

Figure 6-8 Figure 6-8 -Refer to Figure 6-8.If the government imposes a price floor of $5 on this market,then there will be A) no surplus of the good. B) a surplus of 5 units of the good. C) a surplus of 10 units of the good. D) a surplus of 15 units of the good.
-Refer to Figure 6-8.If the government imposes a price floor of $5 on this market,then there will be


A) no surplus of the good.
B) a surplus of 5 units of the good.
C) a surplus of 10 units of the good.
D) a surplus of 15 units of the good.

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