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Business, 10.03.2020 03:08 tus

Following the imposition of a price floor $2 above the equilibrium price, irate buyers convince Congress to repeal the price floor and to impose a price ceiling $1 below the former price floor. The resulting shortage is a. 2 units. b. 0 units. c. 5 units. d. 7 units.

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Following the imposition of a price floor $2 above the equilibrium price, irate buyers convince Cong...

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