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Mumz [18]
3 years ago
6

The following options it gives me are

Business
1 answer:
kupik [55]3 years ago
5 0

Answer:

There would be a surplus of 2,000 bags, and producers would be happy with the law.

Explanation:

Unlike a price floor that prevents the price of movie theater popcorn from falling below the equilibrium price level of $15, a price ceiling of $5 prevents the price of movie theater popcorn from rising above $20. When a price ceiling is set above the equilibrium price, the quantity supplied exceeds the quantity demanded by 2,000 packets of popcorn, and there will be a surplus supply.

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