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Consider the market for wheat in the US. After a price floor of $150 per metric ton is placed, the price of wheat in the
Consider the market for wheat in the US. After a price floor of $150 per metric ton is placed, the price of wheat in the market is $150 per metric ton. If the price floor was increased to $180, what would be the new price of wheat in the market? Cannot be determined $150 $180 O Greater than $150 but less than $180
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