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Author Question: Refer to the above table. What is the market quantity demanded at a price of 8? A) 5 B) 15 C) ... (Read 117 times)

Pineappleeh

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on: Jun 29, 2018
Refer to the above table. What is the market quantity demanded at a price of 8?
 
  A) 5
  B) 15
  C) 35
  D) 44

Question 2

Suppose that a per-unit subsidy is granted to each individual who consumes a product providing external benefits to society at large. Each individuals demand curve will shift ________, and the market demand curve for the product will shift ________.
 
  A) to the right; to the right
  B) to the right; to the left
  C) to the left; to the left
  D) to the left; to the right


mk6555

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


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