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18 Aug 2020
Suppose a price floor is imposed on eggs above their equilibrium price. The likely result will be:
A. a lower equilibrium price for eggs as the demand curve for eggs shifts to the left.
B. a higher equilibrium price for eggs as the supply curve for eggs shifts to the left.
C. a decrease in the quantity of eggs purchased by consumers.
D. an increase in the quantity of eggs purchased by consumers
Suppose a price floor is imposed on eggs above their equilibrium price. The likely result will be:
A. a lower equilibrium price for eggs as the demand curve for eggs shifts to the left.
B. a higher equilibrium price for eggs as the supply curve for eggs shifts to the left.
C. a decrease in the quantity of eggs purchased by consumers.
D. an increase in the quantity of eggs purchased by consumers
Divya SinghLv10
29 Sep 2020
