Multiple Choice
Recall the Application about the policies used by the European Union to support the agricultural sectors of is member countries to answer the following question(s) .
-According to this Application, the policies used by the European Union to support the agricultural sectors of its member countries created excess supply. This would occur if these policies set a ________ price which was ________ the market equilibrium price.
A) maximum; above
B) maximum; below
C) minimum; above
D) minimum; below
Correct Answer:

Verified
Correct Answer:
Verified
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