6. In the market depicted to the right, we consider the implications
of imposing an effective price floor at a price of 10. By "effective"
we mean a price floor that is appropriately supported by government
actions, so that 10 is the actual price found in the market.
From the graph it is clear that at a price of 10, the desired quantity
supplied is 12 units while the desired quantity demanded is 3 units;
resulting in a surplus of 9 units.
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