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29 Dec 2017
5. If the government imposes a price floor of $3 on orange juice, which of the following represents the surplus that would be transferred from consumers to producers as a result of the policy? (a) B. (b) C + H. (c) B + G. (d) C.
5. If the government imposes a price floor of $3 on orange juice, which of the following represents the surplus that would be transferred from consumers to producers as a result of the policy? (a) B. (b) C + H. (c) B + G. (d) C.
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