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    Principles of Economics Study Set 12
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    Exam 4: Subtleties of the Supply and Demand Model
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    A Price Floor Would Result in A(n)
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A Price Floor Would Result in A(n)

Question 27

Question 27

Multiple Choice

A price floor would result in a(n)


A) surplus.
B) shortage.
C) increase in equilibrium price.
D) decrease in equilibrium price.
E) shift of the demand curve to the right.

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