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Author Question: Demand and Supply Schedules for Chocolate BarsPrice($)Quantity Demanded(thousands per week)Quantity ... (Read 115 times)

JimmyJoe

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on: Oct 12, 2022
Demand and Supply Schedules for Chocolate Bars

Price
($)		Quantity Demanded
(thousands per week)		Quantity Supplied
(thousands per week)
2.0015002100
1.8016002050
1.6017002000
1.4018001950
1.2019001900
1.0020001850
0.8021001800
0.6022001750
0.4023001700

TABLE 5-1

Refer to Table 5-1. Suppose that as a public-health measure the government wants to reduce the number of chocolate bars children consume. To achieve this outcome the government could implement which of the following policies?
◦ Impose a price floor of $1.80.
◦ Impose an equilibrium price of $1.20.
◦ Impose a price ceiling of $2.00.
◦ Impose a price ceiling of $1.80.
◦ Impose an equilibrium price of $1.80.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by JimmyJoe on Oct 12, 2022

msgero

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Reply #1 on: Oct 12, 2022
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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JimmyJoe

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

daiying98

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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