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    Exam 4: Economic Efficiency, government Price Setting, and Taxes
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    If the Quantity of Jelly Beans Supplied Is Represented by the Equation
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If the Quantity of Jelly Beans Supplied Is Represented by the Equation

Question 217

Question 217

Multiple Choice

If the quantity of jelly beans supplied is represented by the equation QS = -20 + 4P then the corresponding price of jelly beans is represented by the equation


A) P = 0.5QS + 80.
B) P = 0.25QS + 5.
C) P = 4QS - 80.
D) P = 2.5 - 4QS.

Correct Answer:

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