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Figure 7-2 -Refer to Figure 7-2. If the Government Imposes a Price

Question 50

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Figure 7-2
Figure 7-2 -Refer to Figure 7-2. If the government imposes a price floor of $110 in this market, then consumer surplus will decrease by A) $2400. B) $600. C) $1800. D) $1200.
-Refer to Figure 7-2. If the government imposes a price floor of $110 in this market, then consumer surplus will decrease by


A) $2400.
B) $600.
C) $1800.
D) $1200.

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