Answered

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35. (Figure 9-2: Shrimp Market) If the government imposes a quota limiting sales of shrimp to 250
pounds, it would have the same effect as a price
of
A) floor; $17.50
B) floor; $10
C) ceiling; $15
D) ceiling; $5

Sagot :

the quota rent per pound is: $17.50.

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