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In a competitive market, the market demand is Qd = 60 - 6P and the market supply is QS - 4P. A price floor of

In a competitive market, the market demand is Qd = 60 - 6P and the market supply is QS - 4P. A price floor of $9 will result in a Multiple Choice . shortage of 30 units shortage of 12 units surplus of 30 units surplus of 2 uns

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