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Figure 7-21 nar013-1.jpg Refer to Figure 7-21. If the government mandated a price increase from P1 to a higher price, then total surplus would increase,
Figure 7-21 nar013-1.jpg Refer to Figure 7-21. If the government mandated a price increase from P1 to a higher price, then total surplus would increase, since producer surplus would increase. total surplus would remain unchanged. consumer surplus would increase
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