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Refer to the Accompanying Figure to Answer the Following Questions

Question 118

Multiple Choice

Refer to the accompanying figure to answer the following questions.
Refer to the accompanying figure to answer the following questions.    -If this firm is regulated at a point where price is $30,society would experience ________ in deadweight loss. A)  $0 B)  $112.50 C)  $720 D)  $525 E)  $240
-If this firm is regulated at a point where price is $30,society would experience ________ in deadweight loss.


A) $0
B) $112.50
C) $720
D) $525
E) $240

Correct Answer:

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