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Other Fields Homework Help Economics Topic started by: Loraine on Jun 20, 2015



Title: Suppose the equilibrium price of cotton is $100 per ton. A price support set at ________ than $100 p
Post by: Loraine on Jun 20, 2015
Suppose the equilibrium price of cotton is $100 per ton. A price support set at ________ than $100 per ton ________.
A) less; increases producer surplus
B) less; increases consumer surplus
C) more; increases consumer surplus
D) more; decreases marginal cost
E) more; creates a surplus that the government must buy


Title: Re: Suppose the equilibrium price of cotton is $100 per ton. A price support set at ________ than $1
Post by: VincenzoD on Aug 2, 2015
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