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    Exam 5: Efficiency and Equity
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    -In the Above Figure, Suppose That the Government Sets a Limit
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-In the Above Figure, Suppose That the Government Sets a Limit

Question 24

Question 24

Multiple Choice

  -In the above figure, suppose that the government sets a limit that may be produced of 10 units of output and the price rises to $4. The total deadweight loss would be A)  $0. B)  $10. C)  $15. D)  $20.
-In the above figure, suppose that the government sets a limit that may be produced of 10 units of output and the price rises to $4. The total deadweight loss would be


A) $0.
B) $10.
C) $15.
D) $20.

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