What will happen in a market where a nonbinding price floor is removed?
A) The products sold will become more plentiful.
B) The price or quantity of the product sold on the legal market will not change.
C) There will be upward pressure on the prices.
D) There will be downward pressure on the prices.
E) There will be increased pressure to buy and sell the good on the black market.
Correct Answer:
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