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  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 6: Price Ceilings and Price Floors
  5. Question
    -In Exhibit F-3, a Price Floor of 80 Results in
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-In Exhibit F-3, a Price Floor of 80 Results in

Question 113

Question 113

Multiple Choice

  -In Exhibit F-3, a price floor of 80 results in A)  market equilibrium B)  an excess demand of 25 C)  an excess demand of 30 D)  an excess supply of 25 E)  an excess supply of 30
-In Exhibit F-3, a price floor of 80 results in


A) market equilibrium
B) an excess demand of 25
C) an excess demand of 30
D) an excess supply of 25
E) an excess supply of 30

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