Using the graph shown (below), analyze the effect a $700 price floor would have on this market.Would this be a binding price floor ?
Definitions:
Conjunctivitis
An inflammation or infection of the outer membrane of the eyeball and the inner eyelid.
Purulent Drainage
A type of discharge from a wound or infection site that is often thick, yellow, green, or brown in color, indicating the presence of pus and a bacterial infection.
Tinea Capitis
A fungal infection of the scalp, also known as scalp ringworm, leading to hair loss, scaliness, and itching.
Erythema Infectiosum
A viral infection also known as fifth disease, characterized by a bright red rash on the cheeks, often in children.
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