Exhibit 4-1
Refer to Exhibit 4-1. Suppose the good shown is being sold at the $6 price ceiling. At a quantity of 75 units, what is the maximum per-unit price buyers would be willing to pay for a good "tied" to the good shown in the exhibit?
A)$10
B)$8
C)$6
D)$4

Question

Exhibit 4-1 
Refer to Exhibit 4-1. Suppose the good shown is being sold at the $6 price ceiling. At a quantity of 75 units, what is the maximum per-unit price buyers would be willing to pay for a good "tied" to the good shown in the exhibit?
A)$10 
B)$8 
C)$6 
D)$4

Quizplus · Accepted Answer

At a quantity of 75 units, the demand curve intersects the supply curve below the $6 price ceiling, indicating that buyers would be willing to pay a maximum of $4 per unit.

Exhibit 4-1 Refer to Exhibit 4-1. Suppose the Good Shown Is Being