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Author Question: FIGURE 5-2Refer to Figure 5-2. A price floor set at $2.50 will result in (Read 99 times)

dabomba718

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on: Oct 12, 2022

Question 1




FIGURE 5-1

Refer to Figure 5-1. With a price ceiling of P3, how large will the resulting shortage be?


◦ FC
◦ BC
◦ FD
◦ AC
◦ AF

Question 2




FIGURE 5-2

Refer to Figure 5-2. A price floor set at $2.50 will result in


◦ a surplus of 5 units.
◦ a shortage of 5 units.
◦ a shortage of 10 units.
◦ a surplus of 10 units.
◦ no change to the market outcomes.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by dabomba718 on Oct 12, 2022

hillard sane

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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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dabomba718

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

bbburns21

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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