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Image transcription text Use the following graph to answer Questions 17720. Assume the demand curve intercepts the yeaxis at $4.00. $1.00 $1.50 Compute the number


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Use the following graph to answer Questions 17720. Assume the demand curve intercepts the yeaxis at $4.00. $1.00 $1.50 Compute the number of units purchased and the price at which those units wiii be exchanged when there is a $3 per unit price floor. 0 35 units and $2.50 per unit 35 units and $3.00 per unit 50 units and $2.50 per unit 50 units and $3.00 per unit 30 unit and $2.50 per unit 30 unit and $3.00 per unit 
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A $3 per unit price floor will result in a O Shortage of 30 unit O Surplus of 30 units Shortage of 35 units Surplus of 35 units Shortage of 65 units O Surplus of 65 units 5 points Compute the surplus consumers received when an $3 per unit price floor is imposed on the market. O $17.50 $35.00 O $37.50 O $75.00 5 points Compute the dead weight loss when an $3 per unit price floor is imposed on the market. O $7.50 O $15.00 $15.50 O $35 O $37.50 
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Changes in the price of other goods lead to O A change in quantity demanded A change
in demand OOO No change in the demand curve A movement along the demand curve

 

Use the following graph to answer Questions 17-20. Assume the demand curve intercepts the y-axis at $4.00. $3.50 $3.00 $2.50 $2.00 $1.50 0 O O O O O O 4 35 20 50 65 80 D Compute the number of units purchased and the price at which those units will be exchanged when there is a $3 per unit price floor. 35 units and $2.50 per unit 35 units and $3.00 per unit 50 units and $2.50 per unit 50 units and $3.00 per unit 30 unit and $2.50 per unit 30 unit and $3.00 per unit Q

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