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    Microeconomics Study Set 32
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    Exam 3: Using Supply and Demand to Analyze Markets
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    Use the Following to Answer Questions 29-31
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Use the Following to Answer Questions 29-31

Question 68

Question 68

Multiple Choice

Use the following to answer questions 29-31:
Figure 3.10 Use the following to answer questions 29-31: Figure 3.10   -(Figure 3.10)  At a price floor of $750, there is an excess supply of _____ tons of peanuts. A)  18 million B)  12 million C)  15 million D)  37 million
-(Figure 3.10) At a price floor of $750, there is an excess supply of _____ tons of peanuts.


A) 18 million
B) 12 million
C) 15 million
D) 37 million

Correct Answer:

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