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    Exam 5: Efficiency and Equity
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    -The Figure Above Shows the Market for Milk
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-The Figure Above Shows the Market for Milk

Question 302

Question 302

Multiple Choice

  -The figure above shows the market for milk. The ________ price that producers must be offered to get them to produce 100 gallons of milk per day is ________. A)  maximum; $2.50 B)  minimum; $3.00 C)  maximum; $4.00 D)  minimum; $2.50
-The figure above shows the market for milk. The ________ price that producers must be offered to get them to produce 100 gallons of milk per day is ________.


A) maximum; $2.50
B) minimum; $3.00
C) maximum; $4.00
D) minimum; $2.50

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