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QUESTION
the consequences of a price floor set below the equilibrium price is a. a surplus , where the quantity supplied exceeds the quantity demanded b.
the consequences of a price floor set below the equilibrium price is
a. a surplus , where the quantity supplied exceeds the quantity demanded b. a surplus, where the quantity demanded exceeds the quantity supplied c. nothing, the price floor will have no impact on the quantity demanded or the quantity supplied d. a surplus, where the quantity supplied exceeds the quantity demanded e. a shortage, where the quantity demanded exceeds the quantity supplied
