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Please answer correct explain plz asap plz Don't answer by pen paper plz If a price floor is set below the equilibrium price.____ options: It

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Please answer correct explain plz asap plz

Don't answer by pen paper plz

image text in transcribed
If a price floor is set below the equilibrium price.____ options: It is binding or effective. The market cannot exist. IQuantityI demanded will equal quantity supplied. It causes quantity demanded to be less than quantity supplied

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