Question: Economics Table 6-6 Quantity Quantity Price ($) Demanded Supplied 21 0 18 4 2 15 8 3 12 12 CO 16 5 6 20 16

Economics

Table 6-6 Quantity Quantity Price ($) Demanded Supplied 21 0 18 4 2 15 8 3 12 12 CO 16 5 6 20 16 24 7 28 Refer to Table 6-6. If the government set a price floor at $4, would there be a shortage or surplus, and how large would be the shortage surpl
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