To be binding, a price floor must be set above the equilibrium price.
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Q51: Renters of rent-controlled apartments will likely benefit
Q52: A price floor set below the equilibrium
Q53: In a free market, the price of
Q54: A binding price floor causes a shortage
Q55: A binding price floor causes quantity supplied
Q57: The primary effect of rent control in
Q58: The effects of rent control in the
Q59: A price floor set above the equilibrium
Q60: If a price floor is not binding,
Q61: Binding price floors benefit sellers because they
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