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Hey folks. I created a couple graphs and added an example in order to clarify what price supports are and what they do. This article is far from finished, but hopefully this is a good start. please let me know any ideas/concerns you have. Thanks!
Edwardmking01:18, 27 February 2007 (UTC)reply
Cost of price supports
"...consumers are paying $1,650 in order to benefit producers $550." Who's getting the $1100 difference? Unless it somehow vanishes, accounting for this sum is critical to deciding how inefficient price supports are. —Preceding
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15:14, 8 July 2008 (UTC)reply