Guided course 10:30Quantitative Analysis of Price Ceilings and Price Floors: Finding PointsBrian Krogol924views5rank
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 - 2PQS = -15 + P227views
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 - 100PQS = -150 + 150P206views