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How to solve this? Answers You arked out of 00 135 Flag question 120 105 90 75 60 45 30 15 Q 0 50 100

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You arked out of 00 135 Flag question 120 105 90 75 60 45 30 15 Q 0 50 100 150 200 250 300 350 400 450 500 1) If the government imposes a binding price floor of $120.00 in this market, what is the result? a. There will be a of units. b. The redistribution of surplus from consumers to the producer is equal to $ c. The deadweight loss due to price floor is $ 2) If the government imposes a binding price ceiling of $60.00 in this market, what is the result? a. There will be a units. b. The highest price that would be charged in a black market is $ c. The deadweight loss due to price ceiling is $

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