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    Microeconomics Study Set 25
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    Exam 5: Price Controls and Quotas: Meddling With Markets
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    An Effective Price Floor Would Result in A(n)
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An Effective Price Floor Would Result in A(n)

Question 132

Question 132

Multiple Choice

An effective price floor would result in a(n) :


A) surplus of the good.
B) shortage of the good.
C) quantity control.
D) equilibrium price.

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