c. In exercise 18.10, we considered the combination of a price floor and a government purchasing program
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c. In exercise 18.10, we considered the combination of a price floor and a government purchasing program under which the government guaranteed it would purchase any surplus corn at the price floor and then sell it at a price sufficiently low for all of it to be bought. Illustrate the impact of this program, including the deadweight loss.
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Related Book For 
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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