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Based on the Following Diagram If There Were a $3

Question 31

Multiple Choice

Based on the following diagram if there were a $3.50 price floor: Based on the following diagram if there were a $3.50 price floor: A) the quantity demanded would be 65 B) the quantity demanded would be 60. C) there would be a shortage of 60. D) there would be a surplus of 60.


A) the quantity demanded would be 65
B) the quantity demanded would be 60.
C) there would be a shortage of 60.
D) there would be a surplus of 60.

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