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Question 30

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Use the following to answer questions: Use the following to answer questions: -(Table: Market for Fried Twinkies) Look at the table Market for Fried Twinkies. If the government imposes a quota of 5,000 on the fried Twinkie market, the quota rent per fried Twinkie will be: A) $1.20. B) $0.30. C) $1.50. D) $1.00.
-(Table: Market for Fried Twinkies) Look at the table Market for Fried Twinkies. If the government imposes a quota of 5,000 on the fried Twinkie market, the quota rent per fried Twinkie will be:


A) $1.20.
B) $0.30.
C) $1.50.
D) $1.00.

Correct Answer:

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