Order Grade A+ Academic Papers Instantly!

In which of the following situ

In which of the following situations can you say, without further information, that consumer surplus decreases relative to the market equilibrium level?
a. Your state passes a law that pushes the interest rate (i.e., the price) for payday loans below the equilibrium rate.
b. The federal government enforces a law that raises the price of dairy goods above the equilibrium.
c. Your city passes a local property tax, under which buyers of new houses have to pay an additional 5 percent on top of the purchase price.
d. The government lowers the effective price of food purchases through a food-stamp program.


15% off for this assignment.

Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!

Why US?

100% Confidentiality

Information about customers is confidential and never disclosed to third parties.

Timely Delivery

No missed deadlines – 97% of assignments are completed in time.

Original Writing

We complete all papers from scratch. You can get a plagiarism report.

Money Back

If you are convinced that our writer has not followed your requirements, feel free to ask for a refund.