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The Following Graph Represents a Competitive Market for a Product

Question 253

Multiple Choice

The following graph represents a competitive market for a product.where the government now has introduced a price floor of 0C.Which area in the graph represents the producers' revenue after the imposition of the price floor? The following graph represents a competitive market for a product.where the government now has introduced a price floor of 0C.Which area in the graph represents the producers' revenue after the imposition of the price floor? A) 0CFL B) 0CEJ C) 0BGK D) 0BHL


A) 0CFL
B) 0CEJ
C) 0BGK
D) 0BHL

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