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The Figure Given Below Represents the Domestic Market for Wheat

Question 10

Multiple Choice

The figure given below represents the domestic market for wheat in a small country. Imports of wheat are prohibited. The figure given below represents the domestic market for wheat in a small country. Imports of wheat are prohibited. The production effect of the subsidy amounts to: A) $200 million. B) $300 million. C) $1 billion. D) $2.2 billion. The production effect of the subsidy amounts to:


A) $200 million.
B) $300 million.
C) $1 billion.
D) $2.2 billion.

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