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-Refer to the Above Figure

question 355

Multiple Choice

  -Refer to the above figure. If a price floor of $3 was set A)  the quantity sold would be 70 units. B)  there would be a surplus of 40 units. C)  there would be a shortage of 40 units. D)  there would be a shortage of 20 units.
-Refer to the above figure. If a price floor of $3 was set


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