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QUESTION 13 Quantity Demanded 52 62 72 82 92 Quantity Supplied 73 62 51 42 Price $50 45 40 35 30 If government set a

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QUESTION 13 Quantity Demanded 52 62 72 82 92 Quantity Supplied 73 62 51 42 Price $50 45 40 35 30 If government set a minimum price of $50 in the market, a A shortage of 21 units would occur. 8. shortage of 125 units would occur. Csurplus of 21 units would occur D. surplus of 125 units would occur. QUESTION 14

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