(Figure: the Market for English Textbooks)Use Figure: the Market for English

question 64

Multiple Choice

(Figure: The Market for English Textbooks) Use Figure: The Market for English Textbooks.With a binding price floor at $90,the market outcome would be a _____ of _____ textbooks.

• A)surplus;45
• B)surplus;30
• C)shortage;45
• D)shortage;30

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Definitions:

Power Source

A component or system that provides electrical power to a circuit or device.

Electrostatic Attraction

The force of attraction between oppositely charged particles.

Inversely

A term describing a relationship between two variables whereby they move in opposite directions; as one increases, the other decreases.

Coulomb

A quantity of electrons equal to 6.253 x 10^18.