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    Price as a tool for surplus in microeconomics

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    Is price a tool for changing surplus situations?

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    https://brainmass.com/economics/supply-and-demand/price-tool-surplus-microeconomics-20738

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    Price can be a tool for changing surplus situations.

    Think about when prices go down maybe because the government imposed a price ceiling, supply goes down since it is now more expensive for producers to produce the product. Consumers though would like to ...

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    The price as a tool for surplus in microeconomics are examined.

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