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Suppose the market clearing price for colton is $15, Then suppose the government imposes a price for of $10 on cifen This governmental policy will
Suppose the market clearing price for colton is $15, Then suppose the government imposes a price for of $10 on cifen This governmental policy will force otherwise profitable farmers out of business. O result in a shortage of cotton result in a surplus of cotton. O allow the colton market to reach equilibrium
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