Which of the following would increase quantity supplied, decrease quantity demanded, and increase the price that consumers

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Which of the following would increase quantity supplied, decrease quantity demanded, and increase the price that consumers pay?

a. The imposition of a binding price floor

b. The removal of a binding price floor

c. The passage of a tax levied on producers

d. The repeal of a tax levied on producers

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Principles Of Microeconomics

ISBN: 9780176872823

8th Canadian Edition

Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie

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