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Author Question: Figure 4-6 shows the demand and supply curves for the coffee market. The government ... (Read 119 times)

vicky

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on: Mar 15, 2019

Figure 4-6







Figure 4-6 shows the demand and supply curves for the coffee market. The government believes that the equilibrium price is too low and tries to help almond growers by setting a price floor at $7.00. 






Refer to Figure 4-6. What is the value of consumer surplus after the imposition of the price floor?


◦ $1,500
◦ $2,700
◦ $4,500
◦ $5,700
« Last Edit: Mar 15, 2019 by Celeste »
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by vicky on Mar 15, 2019

lauravaras

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Reply #1 on: Mar 15, 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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vicky

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Reply #2 on: Mar 15, 2019
Excellent


lauravaras

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Reply #3 on: Mar 15, 2019
Great! Please up vote :D


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