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Maurinko [17]
3 years ago
5

According to the table above, if the government sets an effective price floor of $100,

Business
1 answer:
yuradex [85]3 years ago
3 0

Actually from the given table, we can see that at a floor price of $100, the corresponding quantity demanded is 250 while the quantity supplied is 750. So we can say that there is actually no equilibrium since quantity demanded =/= quantity supplied.

 

Therefore the only correct answer is:

e. the quantity supplied will be 750.

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