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What will happen in a market where a binding price floor is removed? Group of answer choices Neither the price nor the quantity traded of
What will happen in a market where a binding price floor is removed? Group of answer choices Neither the price nor the quantity traded of the product in the legal market will change. The quantity demanded will fall and the quantity supplied will rise. The products sold will become more abundant. There will be increased pressure to buy and sell the good on the black market. There will be downward pressure on the price.
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