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Question 6 of 60 1 point possible (graded) A g C a B n I_ OJ 8 Q Q '3. 2 8 a E s:

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Question 6 of 60 1 point possible (graded) A g C a B n I_ OJ 8 Q Q '3. 2 8 a E s: 50100150200250300350400450500 Quantity of Steel (millions of tons) In the market depicted in the diagram above, if the government imposes a price floor of $150 per ton of steel, which of the following will result? In the market depicted in the diagram above, if the government imposes a price floor of $150 per ton of steel, which of the following will result? O A shortage of 50 million tons of steel O A shortage of 100 million tons of steel 0 A surplus of 50 million tons of steel 0 A surplus of 100 million tons of steel 0 The price floor will not result in a shortage or a surplus of steel

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