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The Utopian government is not happy about the higher price of coffee than that o...
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The Utopian government is not happy about the higher price of coffee than that of neighboring countries. Which of the following policies will bring down the price of coffee facing consumers in Utopia?(I) A price floor on coffee sold.(II) A subsidy on the consumption of tea, a substitute for coffee.
(III) A subsidy on the consumption of coffee.(IV) A tax on the consumption of milk, a complement of coffee.
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