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Question 131

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Use the following to answer question: Use the following to answer question:   -(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 _____ million pounds. A)  10.5 B)  9.0 C)  1.5 D)  10.0
-(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 _____ million pounds.


A) 10.5
B) 9.0
C) 1.5
D) 10.0

Correct Answer:

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