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Business, 24.12.2019 18:31 emilymartinez75

Assume there is a price floor imposed on a good which is above the equilibrium price. which of the following changes would reduce the size of the surplus?

a. an increase in demand.
b. a decrease in demand.
c. an increase in supply.
d. any of the above.

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Answers: 3

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Assume there is a price floor imposed on a good which is above the equilibrium price. which of the f...

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