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    Exam 4: Extensions of Demand and Supply Analysis
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    In Order to Be Effective, a Price Floor
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In Order to Be Effective, a Price Floor

Question 305

Question 305

Multiple Choice

In order to be effective, a price floor


A) must be set below equilibrium price.
B) must be set above equilibrium price.
C) must be set at equilibrium price.
D) must be a zero price.

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