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Figure: Market I (Figure: Market I) Look at the Figure

Question 87

Multiple Choice

Figure: Market I Figure: Market I   (Figure: Market I)  Look at the figure Market I.A price floor of $5 imposed on this market would: A) result in a surplus of the good. B) have no effect on this market. C) increase production of this good. D) increase consumer spending on this good. (Figure: Market I) Look at the figure Market I.A price floor of $5 imposed on this market would:


A) result in a surplus of the good.
B) have no effect on this market.
C) increase production of this good.
D) increase consumer spending on this good.

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