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    Economics Today
  4. Exam
    Exam 4: Extensions of Demand and Supply Analysis
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    -Refer to the Above Figure
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-Refer to the Above Figure

Question 325

Question 325

Multiple Choice

  -Refer to the above figure. A price support set at   will A)  lead to a surplus of   minus   . B)  lead to a shortage of   minus   . C)  lead to an equilibrium quantity of   . D)  be ineffective.
-Refer to the above figure. A price support set at   -Refer to the above figure. A price support set at   will A)  lead to a surplus of   minus   . B)  lead to a shortage of   minus   . C)  lead to an equilibrium quantity of   . D)  be ineffective. will


A) lead to a surplus of   -Refer to the above figure. A price support set at   will A)  lead to a surplus of   minus   . B)  lead to a shortage of   minus   . C)  lead to an equilibrium quantity of   . D)  be ineffective. minus   -Refer to the above figure. A price support set at   will A)  lead to a surplus of   minus   . B)  lead to a shortage of   minus   . C)  lead to an equilibrium quantity of   . D)  be ineffective. .
B) lead to a shortage of   -Refer to the above figure. A price support set at   will A)  lead to a surplus of   minus   . B)  lead to a shortage of   minus   . C)  lead to an equilibrium quantity of   . D)  be ineffective. minus   -Refer to the above figure. A price support set at   will A)  lead to a surplus of   minus   . B)  lead to a shortage of   minus   . C)  lead to an equilibrium quantity of   . D)  be ineffective. .
C) lead to an equilibrium quantity of   -Refer to the above figure. A price support set at   will A)  lead to a surplus of   minus   . B)  lead to a shortage of   minus   . C)  lead to an equilibrium quantity of   . D)  be ineffective. .
D) be ineffective.

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