Frederick MacMillan innovated a type of this economic construct for reselling Alfred Marshall’s Principles of Economics, although that was later made illegal in the Dr. Miles case. Firms create one of these constructs in the labor market by paying workers a wage based on efficiency to prevent shirking in the Shapiro-Stiglitz model. India’s agricultural MSPs are an example of these constructs, (-5[1])which transfer (*) consumer surplus to producer surplus but generate deadweight (0[1])loss. On a graph (10[1])of supply and demand, a binding one of these constructs is represented as a horizontal line above (-5[1])the equilibrium point, such as the minimum wage in a graph of labor. For 10 points, name these artificial minimum values for the cost of purchasing something. ■END■