Question: The table shows the quantity demanded ( Qd ) and quantity supplied ( Qs ) of kombucha at various prices. If the government imposes a
The table shows the quantity demanded (Qd) and quantity supplied (Qs) of kombucha at various prices. If the government imposes a price floor of $3 per bottle of kombucha, there will be:
Table: The Market for Kombucha
Price ($/Unit) Qd Qs
2.50 10 7
2.75 8 8
3.00 6 9
3.25 4 10
3.50 2 11
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