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Exhibit 16.2 -Refer to Exhibit 16.2,which Shows the Market for Milk.Suppose the Market

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Exhibit 16.2
Exhibit 16.2    -Refer to Exhibit 16.2,which shows the market for milk.Suppose the government introduces a variety of policies that set floor prices for milk at $3.Without government intervention,the market price of milk would average $2 per gallon for a market quantity of 100 million gallons per month.Triangle abc represents the consumer surplus at the support price.
-Refer to Exhibit 16.2,which shows the market for milk.Suppose the government introduces a variety of policies that set floor prices for milk at $3.Without government intervention,the market price of milk would average $2 per gallon for a market quantity of 100 million gallons per month.Triangle abc represents the consumer surplus at the support price.

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