Figure 6-10 -Refer to Figure 6-10.A Price Floor Set at

question 26

Multiple Choice

Figure 6-10

-Refer to Figure 6-10.A price floor set at

• A) $6 will be binding and will result in a surplus of 8 units.
• B) $6 will be binding and will result in a surplus of 4 units.
• C) $16 will be binding and will result in a surplus of 12 units.
• D) $16 will be binding and will result in a surplus of 6 units.