Question: Which of the following would increase quantity supplied, decrease quantity demanded, and increase the price that consumers pay? a. The imposition of a binding price

Which of the following would increase quantity supplied, decrease quantity demanded, and increase the price that consumers pay?

a. The imposition of a binding price floor

b. The removal of a binding price floor

c. The passage of a tax levied on producers

d. The repeal of a tax levied on producers

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