Business, 05.02.2020 04:51 Kathryn014

Suppose the price of wheat is set at $5 a bushel and not allowed to decrease. this price is above the equilibrium price, which causes a surplus of wheat in the marketplace. this situation describes a

price floor
price ceiling

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Suppose the price of wheat is set at $5 a bushel and not allowed to decrease. this price is above th...

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