Unformatted text preview: -clearing price is $1.50 per dozen. Now suppose the government imposes a minimum price of $2.00 per dozen. Why might the government implement such a policy? A) to decrease tax revenues from egg farmers. B) to increase the incomes of egg farmers. C) to make consumers better off. D) to reduce excess supply in the egg market. E) to increase excess demand in the egg market. 2) 1...
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This note was uploaded on 03/17/2011 for the course PHYSICS 2001 taught by Professor Young during the Spring '08 term at LSU.
- Spring '08