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Question 148

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Use the following to answer question : Use the following to answer question : -(Table: Quantity Supplied and Quantity Demanded) Use Table: Quantity Supplied and Quantity Demanded.The government institutes a price floor,and as a result,too many resources are allocated for the production of the good.Given this,which dollar amount is a possible value of the price floor in this market? A) $5 B) $10 C) $15 D) $20
-(Table: Quantity Supplied and Quantity Demanded) Use Table: Quantity Supplied and Quantity Demanded.The government institutes a price floor,and as a result,too many resources are allocated for the production of the good.Given this,which dollar amount is a possible value of the price floor in this market?


A) $5
B) $10
C) $15
D) $20

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