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If the price of a product is above equilibrium, what forces it down?
Extraordinary Hazards
Uncommon and severe risks that are not typically encountered in the ordinary course of business or daily life.
Technological Progress
The improvement or innovation in technology, leading to more efficient processes, products, or methods.
Farm Price Support
Government policies designed to maintain or increase the market price of agricultural products through mechanisms such as subsidies or purchase commitments.
Net Social Benefits
The difference between the total benefits and total costs of a project or policy when considering its impact on society as a whole.
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