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If the Government Intervened in the Market by Lowering the Price

Question 95

Multiple Choice

If the government intervened in the market by lowering the price of a good below the equilibrium price, which of the following would NOT occur?


A) Some consumers would receive an increase in consumer surplus.
B) Producers would likely lose some producer surplus.
C) The outcome would be efficient.
D) Total surplus would be lower.

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