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    Microeconomics Study Set 45
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    Exam 22: Agriculture: Economics and Policy
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    Refer to the Table
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Refer to the Table

Question 177

Question 177

Multiple Choice

  Refer to the table. If government adopts a price support program that sets the price at $8, then there will be a A) shortage of 100 bushels. B) surplus of 100 bushels. C) surplus of 200 bushels. D) surplus of 300 bushels. Refer to the table. If government adopts a price support program that sets the price at $8, then there will be a


A) shortage of 100 bushels.
B) surplus of 100 bushels.
C) surplus of 200 bushels.
D) surplus of 300 bushels.

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