In this graph showing welfare effects of a price floor when the government buys the surplus, the cost to the government, area c + d + f + g + h + i, ______.

a. demonstrates that price floors convey a net welfare gain to society
b. is larger than the gain to producers, resulting in a deadweight loss
c. is equal to the gain to producer and consumers, creating equilibrium
d. allows producer surplus to grow while steadily maintaining consumer surplus

b. is larger than the gain to producers, resulting in a deadweight loss

Economics

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a. True b. False

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