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The government wants to know which policy creates the largest industry profits (which can be used for political donations). You respond: l: (price regulation, quota,

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The government wants to know which policy creates the largest industry profits (which can be used for political donations). You respond: l: (price regulation, quota, or subsidy). Hint - industry costs in this example are given by the area under the supply curve. Ultimately, the government wants to implement the policy that will create the largest industry profits net of public spending. Explicitly, this is industry revenue minus industry costs minus public spending. The policy you recommend to achieve this is

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