Multiple Choice
-The above figure shows supply and demand curves for milk.In an effort to help farms,the government passes a law that establishes a $3 per gallon price support,but allows farmers to decide how much milk to produce.The government then provides a deficiency payment to guarantee that the farmers receive $3 per gallon.The welfare loss of this price support is
A) j.
B) f + g.
C) b + c.
D) f + g + h + i + j.
Correct Answer:

Verified
Correct Answer:
Verified
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