Figure: Demand 2 Price $100 on 80 70.74 60 60 40 40 20 19.63 A S2 D₁ B S₁ C D 35,73 46.02 0 10 20 30 40 50 60 70 80 90 100 Quantity WhereSjis the supply of drugs with no prohibition andS2is the supply of drugs with prohibition, the area that represents total revenue with drug prohibition is and the area that represents total revenue with no prohibition is O a. A+C+D:B+D O b. C+DA+C O c. A+C;C+D O d. B+DA+C

Figure: Demand 2 Price $100 on 80 70.74 60 60 40 40 20 19.63 A S2 D₁ B S₁ C D 35,73 46.02 0 10 20 30 40 50 60 70 80 90 100 Quantity WhereSjis the supply of drugs with no prohibition andS2is the supply of drugs with prohibition, the area that represents total revenue with drug prohibition is and the area that represents total revenue with no prohibition is O a. A+C+D:B+D O b. C+DA+C O c. A+C;C+D O d. B+DA+C

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter3: Demand Analysis

Section: Chapter Questions

Problem 4E

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