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Author Question: Price floors typically improve market efficiency. a. True b. False Indicate whether the statement ... (Read 57 times)

Pineappleeh

  • Hero Member
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  • Posts: 585
on: Jun 30, 2018
Price floors typically improve market efficiency.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Assume a price floor is set above the equilibrium price. The result is a surplus.
 a. True
  b. False
  Indicate whether the statement is true or false


ladyjames123

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

True


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