Multiple Choice
(Table: Market for Butter) Look at the figure Market for Butter.If the government imposes a price floor of $0.90 per pound of butter, the quantity of butter actually purchased will be:
A) 10.5 million pounds.
B) 9.0 million pounds.
C) 1.5 million pounds.
D) 10.0 million pounds.
Correct Answer:
Verified
Correct Answer:
Verified
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