icdvjnf6647 icdvjnf6647
  • 06-10-2021
  • Business
contestada

why does a surplus exist under a binding price floor?

Respuesta :

ajninja2000
ajninja2000 ajninja2000
  • 06-10-2021

Answer:

it makes the price so low that the quantity demanded exceeds the quantity supplied on the legal market.

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