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In: Economics

Assume the government wants to increase the price of soybeans but they don’t want to purchase...

Assume the government wants to increase the price of soybeans but they don’t want to purchase surplus beans, in this market. This leaves them with two modern strategies for inflating the price. Graphically show using supply and demand analysis each option in which may succeed in this goal, noting the surplus found in the market if any in these graphs. (note: This question takes two graphs to completely answer)

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