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Author Question: Suppose the government decides to eliminate a binding price floor that it had previously imposed on ... (Read 61 times)

mustachegiraffe

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on: Oct 12, 2022
Suppose the government decides to eliminate a binding price floor that it had previously imposed on a particular good. It can be expected that
◦ the price would decrease, the quantity demanded would increase and the quantity supplied would decrease.
◦ the price would increase, the quantity demanded would decrease and the quantity supplied would increase.
◦ the price would increase, the quantity demanded would increase and the quantity supplied would decrease.
◦ the price would decrease, the quantity demanded would decrease and the quantity supplied would increase.
◦ no changes would take place.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by mustachegiraffe on Oct 12, 2022

senorfranco

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mustachegiraffe

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

sultansheikh

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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