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If the market price of burgers is $8 and the government sets a legal minimum at $9, the government has imposed a price Use letters in alpha-betical order to select options:
A floor that is not binding.
B ceiling that is binding.
C ceiling that is not binding.
D floor that is binding.

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rahnlorenalison

Answer:

D, floor that is binding

Explanation:

floor that is binding means that the government sets a required price that is at prive above equilibrium

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