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If the equilibrium price is $20 in a market and the government sets a price floor at $15 then price floor is Group of answer
If the equilibrium price is $20 in a market and the government sets a price floor at $15 then price floor is Group of answer choices binding and there is deadweight loss. binding and there is no deadweight loss. non-binding and there is deadweight loss. non-binding and there is no deadweight loss
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