Concept
Version 6
Created by Boundless
Price Supports
![Consumer Surplus with Price Support](../../../../../../../../../figures.boundless-cdn.com/21449/full/subsidy-surplus.jpg)
Consumer Surplus with Price Support
This graph is a complement to the first graph. It demonstrates the effect of implementing a price support on a basic supply and demand chart. The overall consumption will decrease as the government buys up consumer surplus. This demonstrates a price control on behalf of the government.
Source
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