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Question 171

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Use the following to answer question: Use the following to answer question:   -(Figure: The Market for Butter) Use Figure: The Market for Butter.If a government price floor of $1.30 is imposed on this market,an inefficiency will result in the form of a _____ of _____ million pounds of butter. A) surplus;4.5 B) surplus;6.0 C) shortage;6.0 D) shortage;4.5
-(Figure: The Market for Butter) Use Figure: The Market for Butter.If a government price floor of $1.30 is imposed on this market,an inefficiency will result in the form of a _____ of _____ million pounds of butter.


A) surplus;4.5
B) surplus;6.0
C) shortage;6.0
D) shortage;4.5

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