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Business, 30.03.2020 22:53 kylemartinez13

F the government put a price floor of $ 11.75 $11.75 on both of the markets, which market would have a greater surplus or shortage? They would have the same size shortage. The market for cat food would have a bigger surplus. They would have the same size surplus. The market for cat food would have a bigger shortage. The market for snake oil would have a bigger surplus. There is not enough information to answer the question. The market for snake oil would have a bigger shortage.

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F the government put a price floor of $ 11.75 $11.75 on both of the markets, which market would have...

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