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  3. Study Set
    Microeconomics Study Set 44
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    Exam 5: Price Controls and Quotas: Meddling With Markets
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    Use the Following to Answer Questions
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Use the Following to Answer Questions

Question 16

Question 16

Multiple Choice

Use the following to answer questions:
Figure: Market I Use the following to answer questions: Figure: Market I   -(Figure: Market I)  Look at the figure Market I. A price floor at $15 would result in deadweight loss of: A)  $9. B)  $10. C)  $20. D)  $40.50.
-(Figure: Market I) Look at the figure Market I. A price floor at $15 would result in deadweight loss of:


A) $9.
B) $10.
C) $20.
D) $40.50.

Correct Answer:

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