(Figure: The Market for Clams) Use Figure: The Market for Clams. The government imposes a quota limiting sales of clams to 1,000 pounds. According to the figure, the quota rent per pound in this case is:
A) $7.50.
B) $5.00.
C) $2.50.
D) The quota rent cannot be determined from the information provided.

Question

(Figure: The Market for Clams) Use Figure: The Market for Clams. The government imposes a quota limiting sales of clams to 1,000 pounds. According to the figure, the quota rent per pound in this case is: 
A) $7.50. 
B) $5.00. 
C) $2.50. 
D) The quota rent cannot be determined from the information provided.

Quizplus · Accepted Answer

The Answer of (Figure: The Market for Clams) Use Figure: The Market for Clams. The government imposes a quota limiting sales of clams to 1,000 pounds. According to the figure, the quota rent per pound in this case is: 
A) $7.50. 
B) $5.00. 
C) $2.50. 
D) The quota rent cannot be determined from the information provided.

(Figure: the Market for Clams) Use Figure: the Market for Clams