Question
The market equilibrium for grain transportation by truck is$0.30 per bushel, but policy makers feel this is unfair to truckdrivers. They propose a price control
The market equilibrium for grain transportation by truck is$0.30 per bushel, but policy makers feel this is unfair to truckdrivers. They propose a price control that sets the minimum priceat $0.35 per bushel. This will [CHOOSE] ["increase", "decrease", "have no effect on"] the price of shipping grainby truck, and also create [CHOOSE] ["a surplus of", "a shortage of", "lower profits for","higher costs for"] truckdrivers willing to ship grain.
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