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    Principles of Macroeconomics Study Set 8
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    Exam 7: Consumers Producers and the Efficiency of Markets: Part A
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    Figure 7-34 -Refer to Figure 7-34.Suppose the Government Imposes a Price Floor
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Figure 7-34 -Refer to Figure 7-34.Suppose the Government Imposes a Price Floor

Question 30

Question 30

Short Answer

Figure 7-34 Figure 7-34   -Refer to Figure 7-34.Suppose the government imposes a price floor at $10 per unit in this market.With the price floor,how much is total consumer surplus?
-Refer to Figure 7-34.Suppose the government imposes a price floor at $10 per unit in this market.With the price floor,how much is total consumer surplus?

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