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If a price floor is imposed at $15 per unit when the equilibrium market price is $12, there will be:_________

If a price floor is imposed at $15 per unit when the equilibrium market price is $12, there will be:_________
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If a price floor is imposed at $15 per unit when the equilibrium market price is $12, there will be:_________

asked
User Andrey Neverov
by
8.9k points

1 Answer

4 votes

Answer:

there will be a surplus.

answered
User Chetan S
by
8.2k points
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