Production possibility curve

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Assume there is a price floor imposed on a good which is above the equilibrium price. Which of the following changes would reduce the size of the surplus?

?Which of the following is NOT illustrated by a production possibility curve?

?Assuming that the demand for a good has decreased and the supply of a good has increased by the same amount, then:

?If there are both external benefits and external costs associated with the production and consumption of a good, and the external benefits are less than the external costs,

Reference no: EM132066120

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