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Suppose the equilibrium price of an automated berry harvester is $300,000. In an effort to make this technology available to si farmers, the government implements
Suppose the equilibrium price of an automated berry harvester is $300,000. In an effort to make this technology available to si farmers, the government implements a price cap at $150,000. Why might this policy be problematic? Assume the harvester ma is competitive. Select all that apply
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