Figure 6-15 -Refer to Figure 6-15.For a Price Floor to Be Binding

question 9

Multiple Choice

Figure 6-15
-Refer to Figure 6-15.For a price floor to be binding in this market,it would have to be set at

• A)any price below $3.
• B)a price between $2 and $3.
• C)a price between $3 and $4.
• D)any price above $3.