Guided course 10:30Quantitative Analysis of Price Ceilings and Price Floors: Finding PointsBrian Krogol912views5rank
Multiple ChoiceThe supply and demand curves for a product are as follows. What is quantity demanded if a price floor of $21 is set? QD = 45 – 2P QS = -15 + P181views
Multiple ChoiceThe supply and demand curves for a product are as follows. What is quantity supplied if a price ceiling of $4 is set? QD = 600 – 100P QS = -150 + 150P154views