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Title: Suppose the market-clearing price of milk is $3.00 per gallon, but consumer groups persuade the gove Post by: Sublight2097 on Jun 20, 2015 Suppose the market-clearing price of milk is $3.00 per gallon, but consumer groups persuade the government to set and enforce a maximum price cap at $2.00 per gallon. The newly legislated price tends to
A) create a surplus of milk. B) increase the demand for milk. C) reduce the supply of milk. D) do all of the above. E) do none of the above. Title: Re: Suppose the market-clearing price of milk is $3.00 per gallon, but consumer groups persuade the Post by: Smoooth on Aug 13, 2015 Content hidden
Title: Re: Suppose the market-clearing price of milk is $3.00 per gallon, but consumer groups persuade the gove Post by: Sublight2097 on Aug 31, 2015 Another one in the books, marking it solved.
Title: Re: Suppose the market-clearing price of milk is $3.00 per gallon, but consumer groups persuade the gove Post by: Smoooth on Aug 31, 2015 Don't mention it :-]
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