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Title: If a price ceiling is introduced in the market for milk below the market equilibrium price, then the Post by: Loraine on Jun 20, 2015 If a price ceiling is introduced in the market for milk below the market equilibrium price, then the producer surplus made by dairy farmers
A) will increase. B) will decrease. C) will not change. D) might increase or decrease depending on whether the demand for milk increases or decreases. E) might increase or decrease depending on whether the supply of milk decreases or increases. Title: Re: If a price ceiling is introduced in the market for milk below the market equilibrium price, then Post by: VincenzoD on Aug 2, 2015 Content hidden
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