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There is currently a ______________ of fresh water in Florida.This is because the government uses ______________ in this market. Therefore, higher prices would: Surplus; price

  1. There is currently a ______________ of fresh water in Florida.This is because the government uses ______________ in this market. Therefore, higher prices would:

  1. Surplus; price ceilings; lead to a drop in demand
  2. Surplus; price floors; not impact demand
  3. Shortage; price ceilings; lead to a drop in quantity demanded
  4. Shortage; price floors; increase supply
  5. None of the above

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