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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 16: Public Goods and Public Choice
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    Exhibit 16-2 Refer to Exhibit 16-2
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Exhibit 16-2 Refer to Exhibit 16-2

Question 110

Question 110

Multiple Choice

Exhibit 16-2 Exhibit 16-2   Refer to Exhibit 16-2.How much of a surplus of wool does the $6 price support generate? A) 100 million pounds B) 60 million pounds C) 150 million pounds D) 90 million pounds E) $500 million Refer to Exhibit 16-2.How much of a surplus of wool does the $6 price support generate?


A) 100 million pounds
B) 60 million pounds
C) 150 million pounds
D) 90 million pounds
E) $500 million

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