Asked by Angela
If the government sets a minimum price above the equilibrium price for soybeans, which of the following statements will be correct?
A. There will be an efficient level of output produced.
B. There will be excess supply.
C. There will be excess demand.
D. all of the above
An-B
A. There will be an efficient level of output produced.
B. There will be excess supply.
C. There will be excess demand.
D. all of the above
An-B
Answers
Answered by
Abby a.k.a ANGEL
i agree
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