Refer to the graph shown. An effective price floor at Pf causes producer surplus to:
A. fall from areas A + B + E to area A.
B. fall from areas C + D + F to area D.
C. change from areas A + B + E to areas A + B + C.
D. change from areas C + D + F to areas B + C + D.
Answer: D
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Answer the following statement true (T) or false (F)
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