Wgu 089 - Study guides, Class notes & Summaries
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WGU 089 Module 4-Solved 100%
- Exam (elaborations) • 5 pages • 2023
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What is the price floor? Based on the information in the table below, when a price floor is set at $4 
Price Quantity Demanded (units/month) Quantity Supplied (units/month) 
$1 125 25 
$2 100 50 
$3 75 75 
$4 50 100 
$5 25 125 - ANSWER-A price floor is to keep a price from falling below a certain price. 
AT $4 consumers want to purchase 50 units/ month, and Suppliers are willing to bring 100 units/ month to the market. 
This creates a surplus of 50units/month. Prices are not able to fall, so th...
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WGU D089 Principles of Economics Exam Package Deal Full Solutions Pack
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WGU D089 Principles of Economics Exam with Complete Solutions
WGU D089 Module 2-Solved
WGU 089 Module 4-Solved 100%
WGU D089 Module 6-Solved 100%
WGU D089 Module 9-Solved 100%
WGU D089 -Principles of Economics - Module 7- Solved
WGU - D089 - Principles of Economics-100%Solved Questions
D089 Principles of Economics Questions and Answers 100% Correct
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