Which will occur in the absence of a black market
suppose that a market is initially in equilibrium. then the government imposes a price floor above the equilibrium price. which of the following will occur in the absence of a black market?
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Dunbar Company manufactures drinking glasses. One unit is a package of 8 glasses, which sells for $20. Dunbar projects sales for April will be 3,000 packages, with sales increasing by 100 packages per month for May, June, and July.
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