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Which of the following is true? A price floor that has an effect on the market will lead to quantity demanded greater than quantity supplied.
Which of the following is true?
A price floor that has an effect on the market will lead to quantity demanded greater than quantity supplied.
A price ceiling that has no effect on the market will lead to a deadweight loss equal to zero.
A price floor that has an effect on the market will lead to a deadweight loss equal to zero.
A price ceiling that has no effect on the market will lead to quantity demanded less than the quantity supplied.
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