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Use the data in the following table to explain the economic effects of a price floor at $6.
Procure Funding
The process of obtaining financial resources or support for projects, research, or programs.
Critical Needs
Essential requirements or necessities that must be met to ensure the survival or well-being of individuals or systems.
Industrial Revolution
A period of major industrialization that took place during the late 1700s and early 1800s, marked by dramatic advancements in manufacturing and production technology.
Scientific Management
A theory of management that analyzes and synthesizes workflows, aiming to improve labor productivity.
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