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In this situation, sugar mills will __________. Part 5 A. sell only to private buyers, since they do not need to take advantage of the
In this situation, sugar mills will __________. Part 5 A. sell only to private buyers, since they do not need to take advantage of the government subsidy when the equilibrium price is low. B. not sell to private buyers at this lower price and will sell to the government instead, which will drive up the domestic price until it reaches 18.75 cents per pound. C. sell some to private buyers at the lower price and sell some to the government at the higher subsidized price
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