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  3. Study Set
    Microeconomics Study Set 46
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    Exam 3: Using Supply and Demand to Analyze Markets
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    (Figure: Market for Good X II) Before the Subsidy, Consumers
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(Figure: Market for Good X II) Before the Subsidy, Consumers

Question 123

Question 123

Multiple Choice

(Figure: Market for Good X II) Before the subsidy, consumers pay price ____ and after the subsidy, consumers pay price ____. (Figure: Market for Good X II)  Before the subsidy, consumers pay price ____ and after the subsidy, consumers pay price ____.   A)  $4.00; $10.00 B)  $10.00; $4.00 C)  $8.00; $6.00 D)  $8.00; $10.00


A) $4.00; $10.00
B) $10.00; $4.00
C) $8.00; $6.00
D) $8.00; $10.00

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