A price floor influences the outcome of a market if it is ______. A. Set below the

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A price floor influences the outcome of a market if it is ______.
A. Set below the equilibrium price
B. Set above the equilibrium price
C. An incentive for buyers to increase demand for the good
D. An incentive for sellers to decrease supply of the good

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Foundations Of Economics

ISBN: 9780135897478

9th Edition

Authors: Robin Bade, Michael Parkin

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