Business
Business, 15.04.2020 02:58, liljobe8973

Assuming a binding price floor, the more inelastic the supply and the demand curves are, the:1'smaller the shortage a price floor will create.2.greater the shortage a price floor will create.3.smaller the surplus a price floor will create.4.greater the surplus a price floor will create.

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Assuming a binding price floor, the more inelastic the supply and the demand curves are, the:1'small...

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