Multiple Choice
-Suppose the government has declared beer to be an illegal substance and has imposed equal penalties on any person caught buying a beer and on any person caught selling a beer. Using the above figure, in which CBL is the cost of breaking the law, beer consumption is decreased by
A) 200 quarts.
B) 300 quarts.
C) 400 quarts.
D) 500 quarts.
Correct Answer:

Verified
Correct Answer:
Verified
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