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Price $10 Quantity Supplied Quantity Demanded 400 700 $15 500 650 $20 600 600 $25 700 550 $30 800 500 Suppose a $15 price floor is imposed in this market. This would create a surplus of Enter your answer as a number not a word. units.

Price $10 Quantity Supplied Quantity Demanded 400 700 $15 500 650 $20 600 600 $25 700 550 $30 800 500 Suppose a $15 price floor is imposed in this market. This would create a surplus of Enter your answer as a number not a word. units.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Price $10 Quantity Supplied Quantity Demanded 400 700 $15 500 650 $20 600 600 $25 700 550 $30 800 500 Suppose a $15 price floor is imposed in this market. This would create a surplus of Enter your answer as a number not a word. units.
Transcribed Image Text:Price $10 Quantity Supplied Quantity Demanded 400 700 $15 500 650 $20 600 600 $25 700 550 $30 800 500 Suppose a $15 price floor is imposed in this market. This would create a surplus of Enter your answer as a number not a word. units.
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