Figure: The Market for Clams
(Figure: The Market for Clams) Look at the 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.
Correct Answer:
Verified
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