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Loraine Loraine
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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
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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Loraine Author
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this is exactly what I needed
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Thank you, thank you, thank you!
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