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    Microeconomics Study Set 44
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    Exam 5: Price Controls and Quotas: Meddling With Markets
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    An Effective Price Floor Would Result In
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An Effective Price Floor Would Result In

Question 110

Question 110

Multiple Choice

An effective price floor would result in:


A) a surplus of the good.
B) a shortage of the good.
C) a quantity control.
D) an equilibrium price.

Correct Answer:

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