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    Macroeconomics Principles
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    Exam 4: Markets and Government
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    In the Graph, If a Price Floor on Soybeans Is
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In the Graph, If a Price Floor on Soybeans Is

Question 10

Question 10

Multiple Choice

In the graph, if a price floor on soybeans is set at $2 per bushel, the amount of surplus in this market would be _____. In the graph, if a price floor on soybeans is set at $2 per bushel, the amount of surplus in this market would be _____.   A)  0 bushels B)  10 bushels C)  40 bushels D)  50 bushels


A) 0 bushels
B) 10 bushels
C) 40 bushels
D) 50 bushels

Correct Answer:

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