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    Exam 5: Market in Motion and Price Controls
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    The Imposition of a Binding Price Floor on a Market
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The Imposition of a Binding Price Floor on a Market

Question 186

Question 186

Multiple Choice

The imposition of a binding price floor on a market causes quantity demanded to be


A) ​greater than quantity supplied.
B) ​less than quantity supplied.
C) ​equal to quantity supplied.
D) ​Both (a) and (b) are possible.

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