P 130 120 110 100 90 80 70 60 50 (1) Determine the effects of: (a) $90 price ceiling (b) $90 price floor Chapter 6 ACTIVE LEARNING Applying the Principles The market for hotel rooms (c) $120 price floor 0 60 70 80 90 100 110 120 S D Name:

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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P
130
120
110
100
90
80
70
60
50
(1) Determine the effects of:
(a) $90 price ceiling
(b) $90 price floor
Chapter 6
ACTIVE LEARNING
Applying the Principles
The market for
hotel rooms
(c) $120 price floor
60 70 80 90 100 110 120
S
D
Name:
Transcribed Image Text:P 130 120 110 100 90 80 70 60 50 (1) Determine the effects of: (a) $90 price ceiling (b) $90 price floor Chapter 6 ACTIVE LEARNING Applying the Principles The market for hotel rooms (c) $120 price floor 60 70 80 90 100 110 120 S D Name:
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