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  3. Study Set
    Macroeconomics Study Set 29
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    Exam 4: Price Controls and Quotas: Meddling With Markets
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    Use the Following to Answer Question
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Use the Following to Answer Question

Question 137

Question 137

Multiple Choice

Use the following to answer question : Use the following to answer question :   -(Figure: Supply and Demand) Use Figure: Supply and Demand.A binding price floor is represented by: A)  P<sub>1</sub>. B)  P<sub>2</sub>. C)  P<sub>3</sub>. D)  point C.
-(Figure: Supply and Demand) Use Figure: Supply and Demand.A binding price floor is represented by:


A) P1.
B) P2.
C) P3.
D) point C.

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