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Quantty or KIIOS per montn Suppose that the government of Hatha introduces a price floor of $4. a) What quantity of rice will buyers purchase?
Quantty or KIIOS per montn Suppose that the government of Hatha introduces a price floor of $4. a) What quantity of rice will buyers purchase? kilos. b) How much in total will buyers be paying for the amount in (a)? $ c) What will be the amount of the rice surplus? kilos. d) What is the dollar value of this surplus
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