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  3. Study Set
    Microeconomics Study Set 51
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    Exam 4: Prices: Free, Controlled, and Relative
  5. Question
    Exhibit 4-1 Refer to Exhibit 4-1. Suppose the Good Shown Is Being
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Exhibit 4-1 Refer to Exhibit 4-1. Suppose the Good Shown Is Being

Question 15

Question 15

Multiple Choice

Exhibit 4-1 Exhibit 4-1   Refer to Exhibit 4-1. Suppose the good shown is being sold at the $6 price ceiling. At a quantity of 75 units, what is the maximum per-unit price buyers would be willing to pay for a good  tied  to the good shown in the exhibit? A) $10 B) $8 C) $6 D) $4
Refer to Exhibit 4-1. Suppose the good shown is being sold at the $6 price ceiling. At a quantity of 75 units, what is the maximum per-unit price buyers would be willing to pay for a good "tied" to the good shown in the exhibit?


A) $10
B) $8
C) $6
D) $4

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