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When price floor is set above equilibrium price it will result in? (i) Shortage (ii) Surpluses (iii) Equilibrium Question 2Answer a. (i) only b. (i)
When price floor is set above equilibrium price it will result in? (i) Shortage (ii) Surpluses (iii) Equilibrium Question 2Answer a. (i) only b. (i) and (ii) c. (ii) only d. (ii) and (iii)
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International Economics Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
9th Edition
978-0132146654, 0132146657, 9780273754091, 978-0273754206
