The Following Diagram Shows a Market in Equilibrium

question 10

Multiple Choice

The following diagram shows a market in equilibrium.If there was a $3.50 price floor,

• A)the quantity demanded would be 65 units.
• B)the quantity demanded would be <>60units.
• C)there would be a shortage of 60 units.
• D)there would be a surplus of 60 units.

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