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Question 3 Determine the magnitude of a $10 price floor in the hamburger market (S) 25 20 15 10 5 8 10 12 14


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Question 3 Determine the magnitude of a $10 price floor in the hamburger market (S) 25 20 15 10 5 8 10 12 14 16 18 Q (units) (Write the letter of the correct answer below) A shortage of 8 units B surplus of 8 units C shortage of 4 units D surplus of 4 units E none of the above 1 pts

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