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When a Binding Price Floor Is Imposed on a Market

Question 35

Multiple Choice

When a binding price floor is imposed on a market to benefit sellers,


A) every seller in the market benefits.
B) all buyers and sellers benefit.
C) every seller who wants to sell the good will be able to do so,but only if he appeals to the personal biases of the buyers.
D) some sellers will not be able to sell any amount of the good.

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