With a price floor, will the most efficient producers necessarily be the ones supplying the market?

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Microeconomics

ISBN: 978-0073375854

2nd edition

Authors: Douglas Bernheim, Michael Whinston

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Question Posted: Mar 17, 2016 04:57 AM

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With a price floor, will the most efficient producers necessarily be the ones supplying the market?

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No it is not clear which producers will supply the market Because ...View the full answer

Microeconomics

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