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re provided with the demand and supply curves for bottles of app Il use this information to analyze the effect of a price floor set

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re provided with the demand and supply curves for bottles of app Il use this information to analyze the effect of a price floor set abo price of a bottle of apple juice. You will identify the equilibrium pr of bottles before the price floor is imposed, and the market price ottles after the price floor is imposed. You will also examine the onsumer surplus, producer surplus, and total surplus before and r is imposed. Price $14 $12 - - - Supply $10 $8 $6 $4 $2 Demand 100 200 300 400 500 600 700 Bottles of Juice y the equilibrium price of a bottle of apple juice and the equili le inlice that ard bought and cold at the

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