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Use the Figure Below to Answer the Following Questions

Question 69

Multiple Choice

Use the figure below to answer the following questions.
Use the figure below to answer the following questions. Figure 16.2.3 -Refer to Figure 16.2.3. The unregulated outcome in the paper market is A) a quantity of 40 tonnes and a price of $11 a tonne. B) a quantity of 40 tonnes and a price of $13 a tonne. C) a quantity of 50 tonnes and a price of $12 a tonne. D) a quantity of 50 tonnes and a price of $14 a tonne. E) a quantity of 60 tonnes and a price of $13 a tonne.
Figure 16.2.3
-Refer to Figure 16.2.3. The unregulated outcome in the paper market is


A) a quantity of 40 tonnes and a price of $11 a tonne.
B) a quantity of 40 tonnes and a price of $13 a tonne.
C) a quantity of 50 tonnes and a price of $12 a tonne.
D) a quantity of 50 tonnes and a price of $14 a tonne.
E) a quantity of 60 tonnes and a price of $13 a tonne.

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