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-Refer to the Above Figure

Question 247

Multiple Choice

-Refer to the above figure. If a price floor of $5 was set A) the quantity sold would be 80 units. B) the quantity sold would be 60 units. C) the quantity demanded would be 100 units. D) there would be a shortage of 20 units.
-Refer to the above figure. If a price floor of $5 was set


A) the quantity sold would be 80 units.
B) the quantity sold would be 60 units.
C) the quantity demanded would be 100 units.
D) there would be a shortage of 20 units.

Correct Answer:

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