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Price Floor Assignment | Homework For You

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December 13th, 2019

the consequences of a price floor set below the equilibrium price isHomework For You

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a. a surplus , where the quantity supplied exceeds the quantity demanded      

b. a surplus, where the quantity demanded exceeds the quantity supplied        

c. nothing, the price floor will have no impact on the quantity demanded or the quantity supplied    

d. a surplus, where the quantity supplied exceeds the quantity demanded        

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e. a shortage, where the quantity demanded exceeds the quantity supplied. Get Economics homework help today

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