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Suppose the government imposes a new law that prohibits the sale of electronic cigarettes. Which of the following statements is correct regarding the effect of
Suppose the government imposes a new law that prohibits the sale of electronic cigarettes. Which of the following statements is correct regarding the effect of this new law on the electronic cigarette market?
a. It will decrease consumer surplus.
b. It will make a more efficient market.
c. It will increase total surplus.
d. It will only increase producer surplus
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