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Use the following to answer questions
Figure: Determining Surplus and Loss Use the following to answer questions  Figure: Determining Surplus and Loss   -(Figure: Determining Surplus and Loss)In the graph,if the government sets a price of $12,this is an example of an effective price floor.
-(Figure: Determining Surplus and Loss)In the graph,if the government sets a price of $12,this is an example of an effective price floor.


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