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Question 14 2 pts Mary is a mayor of a city who wants to help farmers. She has worked to encourage the passage of a
Question 14 2 pts Mary is a mayor of a city who wants to help farmers. She has worked to encourage the passage of a law that would impose a binding price floor on wheat. What would she expect her critics to say? O The binding price floor will cause the demand for wheat to become more Inelastic in long run. O The binding price floor will encourage consumers to eat too much wheat. O The binding price floor will increase the demand for wheat in long run. O The binding price floor will cause a shortage of wheat. O The binding price floor will cause a surplus of wheat that farmers will be unable to sell
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