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S 40 32 24 16 8 D 0 10 20 30 40 50 60 Use the above diagram to answer these questions. 1. Is the

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S 40 32 24 16 8 D 0 10 20 30 40 50 60 Use the above diagram to answer these questions. 1. Is the price of $40 a floor or a ceiling? 2. Is it a shortage or surplus and by how many quantity units

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