Your essay question is worth 20 points, make sure you answer…

Your essay question is worth 20 points, make sure you answer it from a critical point of view. Chapter 9 The Industrial Transformation in the North saw a young country rise in industry, and transportation. Why do you think that the United States in the 1830s developed a thriving industrial and commercial sector in the Northeast that fast? Explain

Table 6-1The following table contains the demand schedule an…

Table 6-1The 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 $2 above the equilibrium price in this market. ​ Price (Dollars per unit) Quantity Demanded (Units) Quantity Supplied (Units) 0 15 0 1 13 3 2 11 6 3 9 9 4 7 12 5 5 15 6 3 18 Refer to Table 6-1. How many units of the good are purchased after the imposition of the price floor?