EBK MICROECONOMICS
EBK MICROECONOMICS
2nd Edition
ISBN: 9780134458496
Author: List
Publisher: VST
Question
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Chapter 10, Problem 9P

(a)

To determine

Supply and demand curve explaining the equilibrium.

(b)

To determine

Change in supply curve when the quantity produced is restricted.

(c)

To determine

New equilibrium price and quantity.

(d)

To determine

Deadweight loss due to quantity control.

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