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Exhibit 32-4 -Refer to Exhibit 32-4. Suppose That Producers of This Good

Question 114

Multiple Choice

Exhibit 32-4
Exhibit 32-4 -Refer to Exhibit 32-4. Suppose that producers of this good engage in rent seeking which results in the government imposing a price floor of P?. The gain in producers' surplus that occurs due to the price floor is A) B + C B) A + B + C + D + E C) A + B + C D) C + E E) B
-Refer to Exhibit 32-4. Suppose that producers of this good engage in rent seeking which results in the government imposing a price floor of P?. The gain in producers' surplus that occurs due to the price floor is


A) B + C
B) A + B + C + D + E
C) A + B + C
D) C + E
E) B

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