If the government imposes a price floor at $10 (i.e. the price must be $10 or higher) in the above market, how many goods will be traded?

a. Four
b. Five
c. Six
d. Seven

b

Economics

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An important feature of money market mutual fund shares is

A) deposit insurance. B) the ability to write checks against shareholdings. C) the ability to borrow against shareholdings. D) claims on shares of corporate stock.

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Refer to the above table. Given the demand and cost schedules, what is the profit maximizing quantity for this monopolist?

A) 14 B) 19 C) 25 D) 30

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