Question: Table 6 - 1 The following table contains the demand schedule and supply schedule for a market for a particular good. Suppose sellers of the
Table
The following table contains the demand schedule and supply schedule for a market for a particular good. Suppose sellers of the good successfully lobby Congress to impose a price floor $ above the equilibrium price in this market.
begintabularccc
hline begintabularc
Price
Dollars per
unit
endtabular & begintabularc
Quantity
Demanded
Units
endtabular & begintabularc
Quantity
Supplied
Units
endtabular
hline & &
hline & &
hline & &
hline & &
hline & &
hline & &
hline & &
hline
endtabular
Refer to Table How many units of the good are purchased after the imposition of the price floor?
a
b
c
d
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