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Figure 7-8 -Refer to Figure 7-8.If the Government Imposes a Price Floor

Question 13

Multiple Choice

Figure 7-8 Figure 7-8 -Refer to Figure 7-8.If the government imposes a price floor of $100 in this market,then consumer surplus will decrease by A) $150. B) $325. C) $650. D) $675.
-Refer to Figure 7-8.If the government imposes a price floor of $100 in this market,then consumer surplus will decrease by


A) $150.
B) $325.
C) $650.
D) $675.

Correct Answer:

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