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Demand is given by: QD=60-P and Supply is: QS=0.2P-1.2.  If a price floor of $56 is imposed,...

Demand is given by: QD=60-P and Supply is: QS=0.2P-1.2.  If a price floor of $56 is imposed, how many units of output (Q) are traded in the market? Also, the size of the shortage/surplus is:

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