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Title: Suppose the market-clearing price of milk is $3.00 per gallon, but the dairy industry persuades the Post by: Sublight2097 on Jun 20, 2015 Suppose the market-clearing price of milk is $3.00 per gallon, but the dairy industry persuades the government to establish a legally-mandated price support at $4.00 per gallon. The newly legislated price tends to
A) increase the supply of milk. B) reduce the demand for milk. C) increase the quantity supplied of milk. D) increase the quantity demanded of milk. Title: Re: Suppose the market-clearing price of milk is $3.00 per gallon, but the dairy industry persuades Post by: Sydnie on Jul 9, 2015 Content hidden
Title: Re: Suppose the market-clearing price of milk is $3.00 per gallon, but the dairy industry persuades the Post by: Sublight2097 on Aug 31, 2015 I've noticed they use a lot of trickery with their questions. Thank you for your input.
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