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A Nonbinding Price Floor I Causes A Surplus

Iii is set at a price above the equilibrium price. A binding price ceiling causes a surplus. A nonbinding price floor i.

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Pin By Jimmy Chaturavichanan On Non Binding Price Floor Macroeconomics Equilibrium Binding

Pin By Jimmy Chaturavichanan On Non Binding Price Floor Macroeconomics Equilibrium Binding

Source : pinterest.com

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