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    Microeconomics Private and Public Choice Study Set 2
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    Exam 5: Difficult Cases for the Market, and the Role of Government
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    Figure 5-4 Refer to Figure 5-4
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Figure 5-4 Refer to Figure 5-4

Question 86

Question 86

Multiple Choice

Figure 5-4 Figure 5-4   Refer to Figure 5-4. The inefficient equilibrium price and quantity are A)  $1.90 and 38 units, respectively. B)  $1.80 and 35 units, respectively. C)  $1.60 and 42 units, respectively. D)  $1.35 and 58 units, respectively. Refer to Figure 5-4. The inefficient equilibrium price and quantity are


A) $1.90 and 38 units, respectively.
B) $1.80 and 35 units, respectively.
C) $1.60 and 42 units, respectively.
D) $1.35 and 58 units, respectively.

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