Suppose the government implements a minimum price for fishery products. Which of the following situations is true? * A rise in wage rates An increase in the number of sellers of computers A tax placed on the production of computers A subsidy placed on the production of computers
Suppose the government implements a minimum price for fishery products. Which of the following situations is true? * A rise in wage rates An increase in the number of sellers of computers A tax placed on the production of computers A subsidy placed on the production of computers
Chapter3: Supply And Demand: Theory
Section: Chapter Questions
Problem 20QP
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Suppose the government implements a minimum price for fishery products. Which of the following situations is true? *
- A rise in wage rates
- An increase in the number of sellers of computers
- A tax placed on the production of computers
- A subsidy placed on the production of computers
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