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Please refer to the following table describing the market for staplers. If a price floor of $15 were imposed in this market, what would be
Please refer to the following table describing the market for staplers. If a price floor of $15 were imposed in this market, what would be the most likely outcome? Quantity Price Quantity Supplied Demanded 25 $10 125 50 $15 100 75 $20 75 100 $25 50 125 $30 25 O The market would clear. A shortage of 50 units would occur O A shortage of 100 units would occur O A surplus of 50 units would occur
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