Question 10 3 pts If the government enacts a $8 price floor in this market, how...

Question

Question

business economics

Answer 1

Answer #1

Answer 2000

At P = 8, Qd = 2000

Qs = 6500

So total units sold = 2000

Price (5) 10 S 5 D 5000 Quantity

Answer 2

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