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the accompanying graph (Y-axis: Price, X-axis: Quantity, and the Y-intercept of the supply curve is $1) graph is at equilibrium at $3. If the government
the accompanying graph (Y-axis: Price, X-axis: Quantity, and the Y-intercept of the supply curve is $1) graph is at equilibrium at $3. If the government sets a minimum price of $4, is this an example of binding price ceiling or price floor
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Contemporary Labor Economics
Authors: Campbell R. McConnell, Stanley L. Brue, David Macpherson
11th Edition
1259290602, 1259290603, 978-1259290602
