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    Economics Today Study Set 1
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    Exam 4: Extensions of Demand and Supply Analysis
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    -Refer to the Above Figure
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-Refer to the Above Figure

Question 160

Question 160

Multiple Choice

  -Refer to the above figure. If the government imposes a price floor of $20 A)  the quantity traded will be 150, and the price will be $20. B)  the quantity traded will be 100, and the price will be $20. C)  the quantity traded will be 200, and the price will be $20. D)  none of the above.
-Refer to the above figure. If the government imposes a price floor of $20


A) the quantity traded will be 150, and the price will be $20.
B) the quantity traded will be 100, and the price will be $20.
C) the quantity traded will be 200, and the price will be $20.
D) none of the above.

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