Question: There is no surplus quantity3015 45 16 S 14 12 10 Price a D 0 0 5 10 15 20 25 30 35 40 45

There is no surplus quantity3015 45

There is no surplus quantity3015 45 16 S 14 12 10 Price

16 S 14 12 10 Price a D 0 0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 Quantity Consider the market for computer games in the graph above. Suppose the government sets a price floor at $12 per game. At the same time the quantity supplied decreases by 15 games at each price as a result of an increase in input costs. What is the resulting surplus quantity from this policy after the shift in the supply curve

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