Multiple Choice
Table 6-4
The following table contains the demand schedule and supply schedule for a market for a particular good. Suppose sellers of the good successfully lobby Congress to impose a price floor $3 above the equilibrium price in this market.
-Refer to Table 6-4. How many units of the good are sold after the imposition of the price floor?
A) 3
B) 9
C) 15
D) 18
Correct Answer:

Verified
Correct Answer:
Verified
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