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  2. How does the total surplus with a price floor (TSpf) (from question 7) compare to the total surplus without a price floor (TS) from question 3 above? Explain if it is more or less, and by how much? Show your calculations.

How does the total surplus with a price floor (TSpf) (from question 7) compare to the total surplus without a price floor (TS) from question 3 above? Explain if it is more or less, and by how much? Show your calculations.

Posted by:Shadrack Posted on:Apr 21,2022
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