Cnsider a market where supply and demand are given by qxs


Consider a market where supply and demand are given by QXS = -18 + PX and QXd = 90 - 2PX. Suppose the government imposes a price floor of $41, and agrees to purchase any and all units consumers do not buy at the floor price of $41 per unit.

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Business Economics: Cnsider a market where supply and demand are given by qxs
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