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Home Q & A Board Other Fields Homework Help Business Economics
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ken80 ken80
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7 months ago

Suppose the government sets a price floor that is above the equilibrium price for a given good. It can be said that at the price floor,



▸

although sellers are selling all of the product that they desire at this price, the consumers are not able to buy all that they desire.



▸

although consumers are purchasing all of the product that they desire at this price, the sellers are not selling all that they desire.



▸

both sellers and buyers are satisfied with the quantity that is being exchanged.



▸

both sellers and buyers are exchanging the equilibrium quantity of this good.



▸

b and d

Textbook 
Economics

Economics


Edition: 12th
Author:
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djbo89djbo89
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7 months ago
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ken80 Author
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7 months ago
This calls for a celebration Person Raising Both Hands in Celebration
kiara23247843
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this is exactly what I needed
Ivansitospeed@g
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2 hours ago
Thank you, thank you, thank you!
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