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Table 6-4
The following table contains the demand schedule and supply schedule for a market for a particular good. Suppose sellers of the good successfully lobby Congress to impose a price floor $3 above the equilibrium price in this market.

Price

Quantity
Demanded

Quantity
Supplied

$0

15

0

$1

13

3

$2

11

6

$3

9

9

$4

7

12

$5

5

15

$6

3

18

Refer to Table 6-4. How many units of the good are sold after the imposition of the price floor?


a. 15

b. 3

c. 18

d. 9

Table 64 The following table contains the demand schedule and supply schedule for a market for a particular good Suppose sellers of the good successfully lobby class=


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