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Consider the following supply and demand curves for cases of butter: Demand: P = 50 - Qd Supply: P = 20 + 2Qs Suppose the

Consider the following supply and demand curves for cases of butter:

Demand: P = 50 - Qd

Supply: P = 20 + 2Qs

Suppose the government decides that butter farmers deserve to get paid more, and so puts into place a price minimum of 46. How large is the excess supply?

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