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(True Or False with explanation? ) Refer to the figure to the graph. Suppose the government raises the price of cheese above the market equilibrium
(True Or False with explanation? ) Refer to the figure to the graph. Suppose the government raises the price of cheese above the market equilibrium level by imposing a high minimum price and purchasing all of the excess supply from the market, and these quantities are distributed through food stamp. Based on the areas in the figure, the deadweight loss of this program is B+C
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