Answered: Assuming a $9 per unit subsidy is…

Assuming a $9 per unit subsidy is implemented, the new price to the sellers will be $______. a) 12 b) 14 c) 16 d) 19 e) 21 f) 22.5 g) 45 h 66 i) 82.5 j) 148.5 k) 171

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Assuming a $9 per unit subsidy is implemented, the new price to the sellers will be $______.

		a) 12
		b) 14
		c) 16
		d) 19
		e) 21
		f) 22.5
		g) 45
		h 66
		i) 82.5
		j) 148.5
		k) 171

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