$ $40 $35 $30 $25- $20- $15 $10- $5 Figure 9.4.2 $20. 100 200 300 400 500 600 700 800 900 Q(cheese-lb.) $3000. Refer to Figure 9.4.2 above. The amount the government pays in the market to implement this policy is: $4000. D $6000. S $12,000. D+Qs

$ $40 $35 $30 $25- $20- $15 $10- $5 Figure 9.4.2 $20. 100 200 300 400 500 600 700 800 900 Q(cheese-lb.) $3000. Refer to Figure 9.4.2 above. The amount the government pays in the market to implement this policy is: $4000. D $6000. S $12,000. D+Qs

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

S0
$40
$35
$
$30
$25
$20
$15
$10
$5
Figure 9.4.2
$20.
100 200 300 400 500 600 700 800 900 Q(cheese-lb.)
$3000.
Refer to Figure 9.4.2 above. The amount the government pays in the market to implement
this policy is:
$4000.
D
$6000.
S
$12,000.
D+Qs

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