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The following graph shows the market for wool. Suppose the government introduces a variety of policies that set floor prices for wool at $6. As

The following graph shows the market for wool. Suppose the government introduces a variety of policies that set floor prices for wool at $6. As a result of the price support, the typical consumer-taxpayer in effect pays _____for each pound of wool actually purchased.

a.

$1

b.

$6

c.

$5

d.

$12

e.

$11

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