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Question: take test status question 14 price 45 quantity demanded quantity...

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Take Test Status: QUESTION 14 Price $45 Quantity Demanded Quantity Supplied 350 300 250 200 150 100 50 50 100 150 200 65 70 Refer to the table above. If a price floor of $70 is imposed, a surplus will result equal to 200 units. O a shortage will result equal to 200 units the price will be below the equilibrium price. 100 units will be sold. QUESTION 15 Supply
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