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Author Question: Refer to Figure 7-3. What is the value of the deadweight loss as a result of the quota? A) 5.25 ... (Read 145 times)

ENagel

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on: Jun 29, 2018
Refer to Figure 7-3. What is the value of the deadweight loss as a result of the quota?
 
  A) 5.25 million B) 8 million C) 17.25 million D) 20 million

Question 2

When firms benefit from the results of research and development they didn't pay for, we say firms
 
  A) maintain a level playing field. B) free ride.
  C) are litigious. D) invest in knowledge capital.


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frejo

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

A

Answer to Question 2

B


ENagel

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Reply 2 on: Jun 29, 2018
Excellent

dyrone

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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