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Social Studies, 21.04.2020 00:15 annikafischer

Supppose that the federal government places a binding price floor on coffee. To help support the price floor, the government purchases all coffeee that consumers do not buy. If the price floor remains in place for a number of years, what do you expect to happen to each of the following?
a. It will decrease.
b. It will increase.
c. It will remain the same.

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