Discuss canada price poor for milk

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Reference no: EM133200041 , Length: Words Count:150

Assignment:

The Canadian government intervenes in agriculture markets in multiple ways under a system called "supply management" (see more details if you are interested. One of the ways is to impose a price poor for milk. Discuss arguments for and against Canada's price poor for milk. Explain why the actual loss caused by the price poor may be even larger than the deadweight loss.

Reference no: EM133200041

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