Y7

QUESTION 8 Exhibit 5-3 50 45+ 35 30 Price 25 20 15 10. 5 5 10 15 20 25 30 35 40 45 50 55 60 Quantity Refer to Exhibit 5-3. Which of the following price controls would cause a surplus of 20 units of the good? a, a price ceiling set at $15 b. a price ceiling set at $35 O ca price floor set at $15 O d. a price floor set at $35