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Title: A price support leads to inefficiency because Post by: Loraine on Jun 20, 2015 A price support leads to inefficiency because
A) output is more than the efficient, equilibrium quantity. B) the marginal benefit of the last unit produced is larger than the marginal cost. C) the price charged is less than the equilibrium price. D) producer surplus is less than consumer surplus. E) producers must pay a subsidy to the government. Title: Re: A price support leads to inefficiency because Post by: VincenzoD on Aug 2, 2015 Content hidden
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