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Business, 16.12.2021 17:10 kbell182005

The government has decided that the freemarketprice of cheese is too high. a. Suppose the government imposes a bindingprice ceilin in the cheese market. Drawa supply-and-demand diagram to show theeffect of this policy on the price of cheese andthe quantity of cheese sold. Is there a shortageor surplus of cheese?

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The government has decided that the freemarketprice of cheese is too high. a. Suppose the government...
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