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Question 54

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Use the following to answer question : Use the following to answer question :   -(Figure: The Market for English Textbooks) Use Figure: The Market for English Textbooks.With a binding price floor at $90,the market outcome would be a _____ of _____ textbooks. A)  surplus;45 B)  surplus;30 C)  shortage;45 D)  shortage;30
-(Figure: The Market for English Textbooks) Use Figure: The Market for English Textbooks.With a binding price floor at $90,the market outcome would be a _____ of _____ textbooks.


A) surplus;45
B) surplus;30
C) shortage;45
D) shortage;30

Correct Answer:

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