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question 22

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Use the following to answer questions:
Figure: Market I Use the following to answer questions: Figure: Market I   -(Figure: Market I)  Look at the figure Market I. A price floor of $5 imposed on this market would: A)  result in a surplus of the good. B)  have no effect. C)  increase production of this good. D)  increase consumer spending on this good.
-(Figure: Market I) Look at the figure Market I. A price floor of $5 imposed on this market would:


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