Question: need help. plz do not copy off chegg Moving to another question will save this response Question 3 of 15 Question 3 1 points Consider

need help. plz do not copy off chegg
 need help. plz do not copy off chegg Moving to another
question will save this response Question 3 of 15 Question 3 1

Moving to another question will save this response Question 3 of 15 Question 3 1 points Consider a market with demand given by P-10-12 Od and supply is given by P10+1/3 Os Suppose that the government imposed a price control of P40. Which of the flowing statements is conect? 02. This price floor is binding Market outcome will be P-30 and 0-60 b. This pnce floor is non-binding Market outcome will be P3 and 0-00 This price hoor is binding Market outcome will be 40 and to Od This price floor is non-binding Market outcome will be P-40 and to Moving to another question will save this response Question 15 Question 9 1 points Suppoterat me market for grapefruit juice is currently in equilibrium Which of the following is a good prediction of how the market will change in earty front runan iwe portion est grapeutcrop? O..The squarum prion will go up. Consumer Surplus wil decreano and Producer Surphis will increan on. The qum price will go down. Consumers with new and the Producer Surps wil decrease O The equilibrium price will go up Consumer Burplus wil decrease and Producer Surplus wil decrease Od the equilibrium price will go down Consumer Surplus will increase and Producer Surplus will increase

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