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analyze the effects of the following government policies on themarket equilibrium.Increases in the MinimumWage Restrictions on International TradePollution ControlsNatural Monopoliesand Antitrust Regulation
When analyzing these policies, include some discussion of the following points when appropriate: What is the purpose of the policy? Why is the policy necessary? The welfare of consumers, producers, and society (the winners and losers) before and after the policy The distribution of costs and benefits Does government intervention improve the situation? analyze the effects of the following government policies on the market equilibrium. Increases in the Minimum Wage Restrictions on International Trade Pollution Controls Natural Monopolies and Antitrust Regulation
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