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    Microeconomics Study Set 24
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    Exam 2: The Basics of Supply and Demand
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    Which of the Following Results from a Binding Price Floor
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Which of the Following Results from a Binding Price Floor

Question 24

Question 24

Multiple Choice

Which of the following results from a binding price floor?


A) Equilibrium
B) Excess demand
C) Excess supply
D) Shortage

Correct Answer:

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