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    Economics Principles and Policy Study Set 1
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    Exam 4: Supply and Demand: an Initial Look
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    To Be Effective, a Price Floor Must Be
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To Be Effective, a Price Floor Must Be

Question 269

Question 269

Multiple Choice

To be effective, a price floor must be


A) above the equilibrium price.
B) at the equilibrium price.
C) below the equilibrium price.
D) anywhere on the graph.

Correct Answer:

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