[Answered] Refer to Figure 9.7. After the policy was implemented, price became A) 10. B) 30. C) 50. D) ...

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Author Question: Refer to Figure 9.7. After the policy was implemented, price became A) 10. B) 30. C) 50. D) ... (Read 69 times)

dejastew

Hero Member
Posts: 562

on: Jul 1, 2018

Refer to Figure 9.7. After the policy was implemented, price became

A) 10.
B) 30.
C) 50.
D) 70.
E) between 50 and 70, but the price is uncertain because quantity can be any amount between 2000 and 4000.

Question 2

See Scenario 4.1. What quantity Qc will maximize Daniel's utility given the information above?

A) 0
B) 24
C) 40
D) 60
E) none of the above

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janieazgirl

Sr. Member
Posts: 300

Reply #1 on: Jul 1, 2018

Answer to Question 1

C

Answer to Question 2

C

dejastew

Member
Posts: 562

Reply 2 on: Jul 1, 2018

Gracias!

ricroger

Member
Posts: 352

Reply 3 on: Yesterday

Wow, this really help

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Author Question: Refer to Figure 9.7. After the policy was implemented, price became A) 10. B) 30. C) 50. D) ... (Read 69 times)

dejastew

Refer to Figure 9.7. After the policy was implemented, price became A) 10. B) 30. C) 50. D) ...

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Need homework help now?

janieazgirl

Refer to Figure 9.7. After the policy was implemented, price became A) 10. B) 30. C) 50. D) ...

dejastew

ricroger