Government complain that two proposed government programs

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Advocates of small government complain that two proposed government programs will steal the market from small businesses: One program will foster a major increase in the government production of bread; the second will increase the government production of manicures. If the demand for bread is highly inelastic, and the demand for manicures is highly elastic, which program should worry small government proponents the most? Explain your answer with a figure.

Reference no: EM131083516

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