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Author Question: The figure above shows the market for hot dogs. a. What is the maximum price consumers are willing ... (Read 55 times)

eruditmonkey@yahoo.com

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on: May 24, 2019


The figure above shows the market for hot dogs.
a.   What is the maximum price consumers are willing to pay for the 25th hot dog?
b.   What is the efficient quantity?
c.   Suppose that the production was limited to 25 hot dogs. In the figure, indicate the amount of the deadweight loss.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by eruditmonkey@yahoo.com on May 24, 2019

pocatato

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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eruditmonkey@yahoo.com

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

amcvicar

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Reply 3 on: Yesterday
:D TYSM

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